Our decades old business is a strategically positioned High End Gift Shop directly in the path of millions of visitors accessing premier attractions, making it a natural stopping point for over 25 million tourists who visited the region in 2024. The built-in customer base from massive tourism offers a turn-key operation requiring a minimal transition period.
The Gift Shop specializes in jewelry and unique gifts, with a particular focus on Native American-inspired items and regional specialties. The business features natural gold nugget jewelry, a beautiful selection of Indian jewelry and hand-signed pottery. They employ one full time worker and 3 part time helpers. Loyal customers come from almost every country in the world. Families on vacation often return to visit the store every time they come to the area. The business’s real property is also included in the sale price. It is a mixed-use property combining the retail store and an attached condominium in an iconic location with historical significance.
Facilities
The business’s 408 square feet of retail space is thoughtfully allocated with many attractive display cases and spaces for wall art. The store features wide isles for browsing, and has a back room for storage and an employee bathroom. The building’s recently renovated condo spans 756 square feet over 2 floors, with a kitchen and living room downstairs, and a small family room, 2 bedrooms, a bath and a washer closet upstairs.
Financials
Asking Price: $1,000,000
Included in the Asking Price: Business worth $350,000 that comes with $10,000 in display cases, $190,000 of inventory at cost. Also included is the business’s real property housing the retail store and attached condominium valued at $750,000.
Consistent Store Revenue: $375,000
Stable Cash Flow: $120,000
Market Outlook
Competition: The competitors are the other local businesses offering other gift related products, but ownership has been consistently told by customers that they have the nicest store in town and the friendliest employees.
Growth and Expansion: The shop has predominate name recognition in the region. The new owner could drive in much higher revenue by adding an online digital retail presence. Expanding online could make the store’s walk in customers into year round purchasers without adding significant expense overhead.
About the Sale
The owner plans to retire, but will be available for consultation for as long as necessary.
Send Me More Information about this Business
All information contained herein provided by the business owner, to be verified by buyer, and not warranted by Crestone Business Group. For more information on this or other profitable business opportunities, please contact:
Crestone Business Group
Steve Coast, Owner
Direct Phone: (719) 799-6488 | steve@crestonebusinessgroup.com | www.crestonebusinessgroup.com
