Listing ID: 72566
Love to TRAVEL? Why not work in an industry you love? This loved Business Opportunity has been family owned for 25+ years and is now available for the next entrepreneur to continue the success that served the community and tourist alike. Travel Essentials has chosen merchandise with durability, comfort, and value in mind. Oh, and a little bit of style too. Brands partners that match the choices are industry leaders like Eagle Creek, Patagonia, and Briggs & Riley to ensure customers get their best products and the best service.
Friendly and Happy Customers!
Supported by the Local Community!
Large Mailing List!
Website with Online Retailer!
Loyal Repeat Customers!
Current Owners are eager to move into the next chapter of their lives and pass on their wealth of knowledge and years of building up this success to the NEXT Traveler at heart.
All serious inquiries please reach out to Eric Herron, Broker, 541.690.6736. Staff and Owners are actively taking care of customers and wish all inquiries to inquire with Seller’s Broker.
Please see our 3D walk-thru @ https://my.matterport.com/show/?m=Ugh8Bu48mjj
Lease, Financials, Sellers Information will be available for qualified buyers. Please complete the attached NDA so we can share the success and lease.
- Asking Price: $95,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: $50,400
- Inventory: $120,000
- Inventory Included: N/A
- Established: 1994
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:3,700
- Lot Size:N/A
- Total Number of Employees:3
- Furniture, Fixtures and Equipment:N/A
Downtown. Location is within Tourist Triangle. Easy Access for Local Customers. Ashland Oregon gets between 350,000 - 500,000 Travelers per year. Location has Main Street Storefront. Estimated 9,000 Average Annual Daily Traffic. Located below a 25 room hotel. 1st Floor Location.
Seller is available for support and training around transferring Business Opportunity.
Seller has taken on new projects and is really excited to transfer their Success
Travel Essentials is unique and does not any local competition. Heard of Ashland Oregon? If not, here: The gem of Southern Oregon, the City of Ashland is a thriving town of 21,117 residents and 450,000 annual visitors as reported in Ashland’s city budget. Ashland is also home to Southern Oregon University and its 5,970 students (Winter 2018). Selected as a top 10 finalist in Outside magazine’s search for the “Best Town in America”, Ashland dazzles as a culturally rich mecca for tourism, entertainment, entrepreneurship, and breathtaking outdoor experiences, with access to an array of resplendent natural wonders, including Mt. Ashland, the Rogue River, and Crater Lake National Park. Ashland touts its 100+ restaurants, wineries and breweries located within the city limits with year round culinary events to visit and enjoy. Additionally Ashland is the gateway to over 100 wineries and 250 vineyards. Visitors can day trip to wineries in Ashland, Bear Creek, Applegate or Upper Rogue wineries. Check out Ashland wineries’ summer events. “Ashland – Top 10 Best Wine Destinations in the World” Wine Enthusiast Magazine 2016 Enjoy 365 days of theatre, a thriving artist community and art galleries and museums, including the world renowned Oregon Shakespeare Festival, that runs March-October, with over 380,000 annual tickets sold. Attend independent films, markets, first friday art-walk, festivals, live music and explore a diverse shopping experience. “Ashland’s quality of life, is the stuff that dreams are made of.“ 100 Best Small Art Towns In America. Whether you love to hike, run, bike, birdwatch, raft, zipline, ski, snowboard, golf or are an equestrian, the four seasons of the 14,000 acre Ashland Watershed and surrounding outdoors offers something for everyone. Said to be the hub for endurance events, such as the Spring Thaw, Mt. Ashland HIllclimb run, Siskiyou Challenge, Ashland Mountain Challenge and many more, Ashland offers 4600’ vertical with 12.5 miles of single track along with world-class terrain. Plus ten lakes and five major rivers within a short drive. Voted one of the “Top Trail Towns” Trail Runner Magazine, June, 2008
Growth potential endless. Increase online sales. Continue anticipated regular newsletters.
The venture was started in 1994, making the business 28 years old.
The deal won't include inventory valued at $120,000*, which ins't included in the requested price.
The business has 3 employees and is situated in a building with approx. square footage of 3,700 sq ft.
The real estate is leased by the company for $0.00
Why is the Current Owner Selling The Business?
There are all kinds of reasons why individuals choose to sell businesses. Nevertheless, the real factor vs the one they say to you may be 2 entirely different things. For instance, they may say "I have a lot of other responsibilities" or "I am retiring". For many sellers, these factors stand. But also, for some, these may just be justifications to attempt to conceal the reality of changing demographics, increased competition, recent reduction in revenues, or a variety of various other reasons. This is why it is extremely important that you not count totally on a seller's word, however rather, make use of the vendor's solution in conjunction with your overall due diligence. This will repaint a more reasonable picture of the business's present situation.
Existing Debts and Future Obligations
If the existing entity is in debt, which numerous businesses are, then you will certainly need to consider this when valuating/preparing your deal. Numerous companies finance loans in order to cover points such as supplies, payroll, accounts payable, so on and so forth. Keep in mind that occasionally this can suggest that revenue margins are too thin. Lots of companies fall into a revolving door of taking loans as a way to pay back other loans. Along with debts, there may additionally be future commitments to think about. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with vendors that have to be satisfied or may result in charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do operating businesses in the area attract brand-new consumers? Most times, companies have repeat clients, which develop the core of their everyday profits. Particular aspects such as new competitors growing up around the area, road construction, as well as personnel turn over can impact repeat clients and adversely influence future incomes. One vital thing to consider is the location of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the highway? Undoubtedly, the more individuals that see the business on a regular basis, the better the opportunity to build a returning customer base. A last idea is the basic area demographics. Is the business situated in a largely populated city, or is it situated on the edge of town? Just how might the neighborhood average family income impact future earnings prospects?