High-End Outdoor Recreation Consignment Store

Business Overview:

The company is a retail/consignment store that buys and sells high-end, gently used outdoor gear and clothing. It focuses on human powered gear & clothing items for biking, hiking, skiing, snowboarding, snowshoeing, camping, climbing, rafting, kayaking, fly fishing, surfing and other outdoor activities.

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Property Features and Assets:

The business operates from a leased space with main retail space 3,226 square feet, storage area of 901 square feet, and office of 300 square feet in a building. Currently, the company pays $5,000 per month on a gross lease which includes all utilities (except for phone and internet). Lease includes use of the parking lot. It is anticipated that the landlord will work with a new owner to negotiate acceptable lease terms. Assets = $38,725

Market Competition and Expansion:

The Outdoor Industry is one of the fastest growing segments of retail! Nearly half of all Americans participated in at least one outdoor activity in 2019, and that number keeps growing. That number equates to 142.4 million participants, who went on a collective 11.7 billion outdoor outings. In the US, outdoor recreation retail sales represents a 126 billion dollar a year market and continues to grow as Americans seek a healthier, socially distanced, & environmentally conscious lifestyles. Additionally, this business has a proven model in a growing location. A new owner will be positioned to capitalize on this growth.

Reason for Selling:

Focus on other opportunities.

Additional Details:

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