| Asking Price |
$295,000 | Inventory |
$90,000 to 140,000** |
|---|---|---|---|
| Gross Income |
Not Disclosed | Real Estate |
|
| Cash Flow |
Not Disclosed | Year Established | 1975 |
| FF&E |
$125,000* | Employees | 2-6 |
* included in the asking price
** not included in the asking price
Established in May of 1975, Ketchum Dry Goods (KDG) has long been the leading contemporary women's and men's clothing boutique in the ski and summer resort area of Sun Valley, Idaho - the first destination ski resort in the United States. KDG has an established women's & men's clientele consisting of a high-end demographic that services a core age range of 28-54 and a broad range of 13-65. KDG is the exclusive area dealer for the "A" lines in its category, such as: 7 for All Mankind, Citizens of Humanity, Paige Premium Denim, Ted Baker, Robert Graham, Ben Sherman, Penguin, Linq, Velvetmen and many others. We are also the primary dealer in the valley for Michael Stars. KDG is located in the retail core of Ketchum, Idaho, with a favorable lease rate [for the area], and approximately 3 years remaining on its current lease. Combine these important business attributes with the aesthetics, quality of life and lifestyle benefits of living in one of the most beautiful areas in the United States, and you have what is a truly rare and incredible opportunity. Live life on your terms as you step out of the front door of the store into the clean, clear mountain air, and turn to the right where you are greeted by some of the primary runs on famous Bald Mountain, framed by a brilliant blue sky. Within the radius of just a few short blocks there is a world-class grocery store, excellent schools, miles of maintained bike paths, city parks, incredible hiking, biking, fishing, skiing, snowboarding, skateboarding, dining, bars, entertainment, galleries, and the peace of mind of living in an area with very little crime. All within walking distance! That is the reality of owning Ketchum Dry Goods - a great business, in an amazing place to live, and an incredible life that can all be yours. That's living life, on your terms, in Sun Valley, Idaho!
Facilities: 1809 sq. ft. (1400 sq. ft. sales floor & 409 sq. ft. backroom/office). Recently remodeled, refixtured and refurnished. Custom dressing rooms. New computers featuring a common database POS system for easy development of a web store. Street level centerpiece of a building that also houses a high-end jewelry store, coat store and gallery. Building exterior was repainted and store awnings were removed 09/30/07. Exterior and interior signage updated November '07.
Competition: The Ketchum/Sun Valley area is very competitive. However, with over 32 years in business, a great location, excellent lease, an outstanding reputation with clients and industry professionals, KDG is very well established. KDG's well-developed brand recognition in the industry, brand exclusives, and loyal clientele make KDG an indomitable retailer in the area. This is a true turnkey operation that comes with a great lifestyle in a coveted venue, and proprietary tools to assist in purchasing so that profit and cash flow are maximized.
Growth/Expansion: The business can be grown by development of an online store, which the POS software will easily facilitate. There is also the potential to expand accessories, add shoes, and additional categories such as children's. Potential future building ownership.
Financing: Cash
Support/Training: Owner will provide 2 wks training at no cost, & will travel to 2 markets at purchaser's expense (does not count against in-store training time). Additional training available at a consulting rate. Business's bank can provide financing for qualified purchaser.
Reason Selling: Owner has desire to return to school

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