The company, located in two prime CO ski locations (and online), is a successful ski supply and service shop and the only one that exclusively and uniquely specializes in touring gear for backcountry skiing. . It is currently up for sale to qualified buyers exclusively through Raincatcher. The Company is a specialty store that is focused in a market that is rapidly growing. The Company has a large, loyal customer base of repeat customers in each of its two locations as well as a solid online following and customer base. The products and brands that it sells include touring gear from every manufacturer in this niche. Many of these suppliers limit the number of retailers in a geographic area that sell their products. So, the company is the exclusive retailer for certain brands of touring gear. In addition to the products that the company sells, it has an espresso and beer bar for its guests to enjoy. The Company provides an excellent opportunity for a buyer to enjoy predictable cash flow and a swift return on investment, and there is a significant opportunity to grow and scale the business to any ski slope with backcountry skiing opportunities..
The overall skiing industry is $3 billion industry that has demonstrated a growth rate of 2.6% over the past five years. The success of this industry is impacted by both climate change, spending patterns, and the ability for ski resorts to attract visitors. As the skiing industry continues to grow, so does the demand for gear. The Company specializes in gear specifically for backcountry skiing and is uniquely positioned as the front-runner in the sector. Backcountry skiing has become one of the fastest growing segments of the skiing industry. In fact, SIA, a trade association for ski gear, apparel, and accessories reports that over six million skiers and snowboarders in the U.S. are now exploring backcountry skiing.
While much of the skiing industry reports slow sales during years of low snow, the company continued to gain momentum reporting growth as much as 25 percent during this time. Skinning is just as popular, if not more, during low snow years. Since opening its doors in October of 2012, the company has continued to grow its business.
The overall Value Builder score the company received was a 60. Of the eight key value builder drivers, the company rated particularly high in the areas Growth Potential (82), The Switzerland Score (91), The Valuation Teeter-Totter (75), and Customer Satisfaction (75). (Full report available upon request.)
The Company does not carry any long-term debt. It is a great opportunity for retail ski business owners looking to expand their reach in the backcountry niche or as a cash flow company for those entering this industry for the first time. Since they are uniquely positioned to service backcountry skiing customers with the largest selection of backcountry and touring products, there is an opportunity for a strategic buyer to rapidly expand their brick and mortar presence on multiple mountain ski resort areas.
- High conversion rate from interest to sales with many loyal and returning customers.
- Fully integrated inventory to sell across multiple sales channels including the internet, eBay, Amazon, Facebook, and Instagram.
- Opportunity for continued, strong margins.
- Continued demand for backcountry gear as the sport becomes more popular.
The company, both locations and its online store are wholly owned by its operators who plan to exit the industry following the transaction. This is an asset purchase that includes all the assets of the Company. The asking price is $1,055,000, plus inventory.
|Yrs In Business||4 Years||FF&E||$48,636|
|Employees||5 full time, 4 part time||Terms||Negotiable|
Mon – Fri: 10:00 a.m. – 6:00 p.m.
Sun: 1:00 p.m. – 6:00 p.m.
Sun – Sat: 9:00 a.m. – 6:00 p.m.
|Facilities||Two Leased locations:
First location~ 3,200 sf;
Second Location~ 1,070 sf
|Reason for Sale||To pursue other interests|