Business Overview

This military surplus store is the ultimate destination for military, camping and hiking enthusiasts, they sell high quality military wear, boots, hiking gear, carabiners, paracord, gold panning supplies and outdoor camping equipment.

Started over 25 years ago, the business has a high reputation for selling quality products at great prices. Great location on main thorough fare.

Financial

  • Asking Price: $300,000
  • Cash Flow: $46,800
  • Gross Revenue: $199,808
  • EBITDA: N/A
  • FF&E: $40,000
  • Inventory: $260,000
  • Inventory Included: Yes
  • Established: 1987

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:2
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Negotiable as required by Purchaser.

Purpose For Selling:

Retirement

Opportunities and Growth:

The business is ideal for the outdoor entrepreneur or military enthusiast who would like to take over a well-established business that has been open for more than 25 years. With Colorado Springs hosting 5 military bases, a large military population and being located at the foot of Rockies, sales for outdoor equipment will continue to be in high demand. Colorado is currently growing at an annual rate of over 15% per year and is rated one of the top locations to live in the US.

Additional Info

The venture was established in 1987, making the business 35 years old.
The transaction will include inventory valued at $260,000, which is included in the requested price.

Why is the Current Owner Selling The Business?

There are all types of reasons why people choose to sell operating businesses. Nonetheless, the real reason vs the one they tell you might be 2 totally different things. As an example, they may state "I have a lot of other commitments" or "I am retiring". For numerous sellers, these factors are valid. But also, for some, these may simply be justifications to try to conceal the reality of transforming demographics, increased competition, recent reduction in revenues, or an array of other factors. This is why it is very essential that you not depend completely on a seller's word, however instead, make use of the vendor's solution combined with your overall due diligence. This will paint a much more realistic image of the business's existing scenario.

Existing Debts and Future Obligations

If the existing business is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Numerous businesses borrow money so as to cover points such as stock, payroll, accounts payable, and so on. Bear in mind that sometimes this can suggest that earnings margins are too tight. Numerous organisations come under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may additionally be future commitments to consider. There may be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with suppliers that have to be met or may cause penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the location draw in brand-new customers? Many times, operating businesses have repeat clients, which form the core of their everyday earnings. Particular aspects such as brand-new competition growing up around the location, roadway construction, as well as employee turn over can affect repeat clients as well as negatively impact future profits. One important point to take into consideration is the area of the business. Is it in a very trafficked shopping mall, or is it concealed from the main road? Certainly, the more people that see the business often, the greater the possibility to develop a returning customer base. A last thought is the basic area demographics. Is the business situated in a densely inhabited city, or is it situated on the outskirts of town? Just how might the local typical home income influence future income potential?