Famous Colorado Jewelry Store and Condo in High Traffic Tourist Town

Asking Price$1,100,000

Cash Flow
$125,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$375,000

Inventory$190,000
Included in asking price
FF&E$10,000
Included in asking price
Real Estate$750,000
Included in asking price
Jewelry & GiftsSave

Famous Colorado Jewelry Store and Condo in High Traffic Tourist Town


Asking Price$1,100,000

Cash Flow
$125,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$375,000

Inventory$190,000
Included in asking price
FF&E$10,000
Included in asking price
Real Estate$750,000
Included in asking price
Business Description
Our decades old business is a strategically positioned High End jewelry store 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.
About the Business
Years in Operation
73
Facilities & Assets
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.
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.
Opportunities for Growth
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.
Real Estate
Owned or Leased
Owned
Included in asking price
About the Sale
Seller Motivation
Owner retirement
Transition Support
30 days free
Listing Info
ID
2389669
Listing Views
265

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Business Listed by: Steve Coast Crestone Business Group

Listing ID: 2389669 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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