Serving both visitors and the local community with a
combination of alcohol sales and bike rentals, this long
standing business has become a staple in the area. The
business operates out of a cozy storefront with approximately
1,100 sq. ft. of retail space and dedicated storage for bike
equipment. Its central location positions it well to attract
steady tourist traffic along with loyal local patrons with easy
accessibility off the main road. That state of Colorado limits
liquor licenses; this is a closed market which keeps
competition very low – there are only 2 licenses allowed in
this town. There is a General Manager and three retail
associates that support operations, while the owner spends
roughly 15-20 hours per week on customer service, order
entry and financial oversight. After decades of successful
operation, the owner is seeking retirement and has committed
to a smooth transition and will provide up to six months of
training to ensure continued success. Additionally, the seller
has offered to carry 10% of the purchase price as a show of
good faith in the continued success of the business post
close. Included in the sale is inventory valued over $440,000
combining $150k in alcohol, $40k in bikes & excursion
equipment, and the liquor license valued at $250k. The new
owner can capitalize on growth potential by expanding the
rental inventory, particularly with e-bikes, and by
implementing a focused marketing strategy to increase
visibility and customer engagement.
- Asking Price:
- $745,000 Inventory / Stock included
- Sales Revenue:
- $931,345
- Cash Flow:
- $208,346
Property Information
- Real Estate:
-
Lease
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
Expand the current rental
offerings to include more e-bikes and implement a
marketing strategy
- Reasons for selling:
-
Retirement / Age
- Employees:
- 1 General Manager and 3 Retail Associates
- Years established:
- 1994
