Owner is retiring. Take over a very nice store.

Colorado Springs, CO
El Paso County

Asking Price: Annual Revenue:
$280,000 $420,953

Food & Beverage: Liquor Stores

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RE: Owner is retiring. Take over a very nice store. Broker: Jeff Miller
License #: 9

Quick Facts

Asking Price: $280,000
Annual Revenue: $420,953
Net Profit: Not Disclosed
Cash Flow: $20,418
Total Debt: Not Disclosed
FF&E: $12,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 4
BBN Listing #: 7866386
Broker Reference #: FD-0891

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Business Overview:

*Excellent location in Colorado Springs
* Spacious Store that has a great layout
* Located in a Strip-Shopping Center
* Great potential to add additional displays and inventory
* High Daily traffic count on one of the busiest streets in Colorado Springs
* Great opportunity to be your own boss
* Loyal customer following
* With some targeted marketing, working a referral program, sales will increase

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Property Features and Assets:

Includes inventory of $155,000.

Market Competition and Expansion:

The store is in a great location in North Central Colorado Springs. The property consists of multitenant in-line space, three buildings on pad sites. The center features a stucco design with attractive tenant signage and easy access points. High traffic counts with great visibility and easy access. Estimated 2018 Demographics - 1 Mile - 15,503 - 3 mile - 106,404 - 5 mile - 264, 190 Avg. Household Income 1 mile - $65,965 3 mile - $66,251 5 mile - $70,875 Store footprint will afford increasing inventory capacity, in particular, expanding the wine section. There is a customer loyalty rewards program in place and this database could be utilized for direct marketing, referrals, and promotions to drive sales.

Reason for Selling:

Owner is ready to retire.

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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