Business For Sale

Flags & Patriotic Memorabilia

Colorado Springs, CO
El Paso County

Asking Price: Annual Revenue:
$195,000 $266,236

Retail: E-Commerce, Retail Websites

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RE: Flags & Patriotic Memorabilia Broker: David B Finsterwald

Quick Facts

Asking Price: $195,000
Annual Revenue: $266,236
Net Profit: Not Disclosed
Cash Flow: $100,000
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 1979
Employees: 4
BBN Listing #: 4027386
Broker Reference #: CB-0897

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Business Overview:

This business has two retail locations on one of the local military bases and an e-commerce store on the web. Products they sell include military memorabilia, caps, pins, challenge coins, cavalry hats, swords, flags, banners, replica guns, military specific clothing, and more. They are the only authorized retailers on the base and there is virtually no other similar competitor in Colorado.

The business was started by the owner, which has recently passed away, in 1979. Approximately 50% of the business is from repeat clientele and the store locations are just over 1,000 square feet combined. They do have additional storage for inventory and most deliveries and web site shipments are made via UPS and USPS.

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Property Features and Assets:

Price includes $110,000 of inventory at cost plus freight-in.

Market Competition and Expansion:

This is an excellent opportunity to acquire a very successful business that has great potential growth. A new owner could open similar operations on other military bases and either oversee them or licensee them to individuals. The web site could also be further developed and promoted to greatly increase the volume of sales from their unique product offerings. Before the owner became ill the business was actively doing shows where they traveled around to special events such as Territory Days and special gatherings and they were very successful selling goods at these events. This could easily be restarted and in the past had almost doubled their gross revenues and profitability.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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