Historic Retailer w/ Owner-User Real Estate

NOT DISCLOSED, Utah

Asking Price $3,595,000 Year Established 1914
Annual Revenue $2,863,581 Reason for Selling Retirement  
Annual P/L $1,174,783 Attention Kathy Sturzenegger
Annual Cash Flow $349,167 Listing Number 1015587  
# of Employees 13 Business Category Retail: General Merchandise - Retail

Business Overview:

This iconic local business presents a rare opportunity to acquire a long-established specialty retailer together with its owner-user real estate in a growing Northern Utah market. Founded in 1914, the business has built a loyal customer base and a strong reputation as a destination for hardware, farm and ranch supplies, western wear, outdoor products, housewares, toys, lawn and garden products, and other hard-to-find merchandise.

Highlights

  • Over 100 years of operating history and brand recognition
  • Approximately $3.1 million historical annual revenue (three-year average)
  • Roughly 26,000 square feet of retail and storage space
  • Established supplier and buying-group relationships supporting purchasing power and inventory access
  • Diversified product mix serving agricultural, rural lifestyle, home improvement, and recreational customers
  • Significant potential upside through ecommerce, digital marketing, email marketing and social media, which remain largely undeveloped
  • Additional upside through stronger category management, merchandising, and operating efficiencies

The business is ideally suited for an owner-operator, strategic acquirer, regional retailer, or investor seeking a stable operating platform with real estate ownership, a loyal customer base, and meaningful growth opportunities. Ownership is pursuing a retirement transition.

Property Features and Assets:

<p>The company operates from approximately 26,000 square feet of retail and storage facilities located in a highly visible downtown location. The property includes the primary retail store and supporting storage buildings, creating operational efficiencies and providing inventory capacity that would be difficult to replicate today.<br></p>

Market Competition and Expansion:

<p>The business has a long history and reputation as a one-stop retail destination offering a broad mix of products. The company differentiates itself through:</p><ul><li>Guaranteed value pricing supported by national buying-group affiliations</li><li>Strong local reputation and customer loyalty</li><li>Broad inventory unavailable through many competitors</li><li>Personalized service and project support</li><li>Convenience and accessibility for local consumers</li></ul><p>While national retailers may offer greater scale and distribution capabilities, the company's community relationships, product diversity, and customer-focused approach provide a durable competitive advantage.<br></p><p>Opportunities for growth include:</p><ul><li>Expand ecommerce and digital marketing</li><li>Increase engagement with younger consumer demographics</li><li>Develop community events, loyalty programs, and branded merchandise</li><li>Broaden regional market penetration through targeted marketing efforts</li></ul>

Additional Details:

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

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