Listing Number: 0873-967633
Description
Summit Ski and Sports has been a pillar/mainstay of the Pagosa Springs community for nearly 50 years. The Victorian storefront is highly visible from Main Street / US HWY 160 as you enter town from the East. The Summit’s location is fantastic as it enjoys both terrific pedestrian and automobile traffic with ample parking. This is a legacy business. Those who were once kids when they first visited the Summit now return with children of their own. Summit Ski and Sports is a special place where customers return year after year. The owners have established a family-friendly atmosphere with their customers and employees. Some employees have been with the business for many years, and the Summit team takes great pride in their strong customer service and attention to detail.
Summit has the largest selection of sportswear, equipment, and accessories in the area, and they have exclusive distribution agreements with several top-name brands. They have nicely diversified revenue streams by offering clothing, accessories, equipment rentals, and equipment sales. The Summit is known as the “Winter Sports Experts” and is a trusted source for clothing and gear for tourists and locals alike.
Summit Ski and Sports is just 26 miles from family-owned, Wolf Creek Ski Area, featuring The Most Snow in Colorado ®. Wolf Creek is well known for its amazing powder, family-friendly atmosphere, affordable lift tickets, and the longest ski season in Colorado. As a specialty retailer, the exceptionally long ski and snowboard season is great for Summit Ski and Sports’ business/bottom line. Summit Ski and Sports’ many strong attributes make it an exceptional business opportunity in the Colorado active-outdoor industry.
Seller Financing Available for a Well-Qualified Buyer.
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Listing Details
- Price: $ 1,125,000
- Down Payment: $1,125,000
- Sellers Discretionary Earnings: $ 296,249
- Total Sales: $ 1,336,926
- Location: Archuleta County, Colorado
- Inventory: $ 300,000
- FF&E: $ 373,006
- Employees: 10
- Reason for Selling: Retirement
- Category: Clothing
