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High-end Outdoor Equipment Specialty Retailer

High-end Outdoor Equipment Specialty Retailer in Boulder, Colorado.
Asking Price - $1.1M
Gross Income - $1,505,346
Inventory - $524,634*
Cash Flow - $146,090

Best-in-class retailer voted at the top of industry nationwide: Live and work in one of the most desirable towns in the Country. Boulder is #2 on Money Magazine s Best Places to Live. This boutique, high-end outdoor equipment retailer was immediately ranked in the top 100 of 5,000 similar businesses nationwide after its 1st full year in existence and it has been climbing that prestigious list ever since.

Facilities: The business is strategically located at the gateway for this outdoor sport in the Boulder area. 2,600 ft2 of retail space and 1,000 ft2 of warehouse space handle the heavy traffic load. Functional interior space has a progressive, industrial feel and is 80% modular to be altered quickly to keep things fresh.

Competition: While there are other retailers located in outdoor-enthusiastic Boulder, there are no immediate competitors located in the strategic area of town where this store operates. The business also enjoys exclusive distribution rights for several high-margin, high-end and custom lines. Specialized marketing tools and programs are in place which drive sales, increase market share and improve customer retention - no other local retailers are using any of these techniques. Sales outpace the sport s national dealers association benchmark by 350% on a ft2 basis!

Growth/Expansion: The business is relatively young but has enjoyed early-stage sales growth from $350K to over $1.5 MM in just a few years. Upside potential is big as the company is still in high-growth mode. An eCommerce strategy has recently been put in play for the shop that will enable the increase in sales revenues without having to increase the size of the showroom. Scalable systems are in place that will grow with the company and will not require additional investment.