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Western Tack & Apparel Store

This retailer sells a wide array of equestrian supplies -- saddles, tack, Western clothing, animal and pet foods, shavings and hay. They also sell pre-fabricated barns & garages. They have recently added more women’s fashion clothing, promoting it with window displays, ads, social media and special sales. This has increased foot traffic. The store’s strengths are its great customer service, location in an area with a concentration of horse property and equestrian facilities, knowledge of products and animals. They use what they sell -- all the employees are horse owners and regularly use the store’s products. Business suffered somewhat when there was heavy road construction and restricted freeway access, but now that is no longer a factor and the owner expects business to pick up. Real estate is for sale for an additional $1,050,000 and seller financing on the business is negotiable for a qualified buyer.

AGENT: Duane Bush

 
List Price:
$210,000

Location:
Utah / Salt Lake County

Gross Revenue: $364,384

Adjusted Net Income: $59,019

FF&E: $25,000

Inventory: $140,000

Real Estate:available for an additional $1,050,000

Reason for sale: Focus on other business

   

   

Specialty Apparel Store

This specialty and custom apparel store was established 1983 and has a long-standing tradition of quality craftsmanship. They are located in the heart of the retail and shopping area in an area with great tourist traffic. In addition to their custom creations, the store stocks a wide variety of well-known brands. They also carry hand-crafted accessories and other western gift items that are hard to find. The store has been absentee-run and is a turn-key operation for a new owner.

AGENT: Duane Bush

 
List Price:
$450000

Location:
Wyoming

Gross Revenue: $392,162

Adjusted Net Income: $112,754

FF&E: $25,000

Inventory: $75,000

Real Estate: Leased

Reason for sale: Seller relocating

   

   

Historic Ennis Pharmacy & Yesterday's Soda Fountain

Ennis Pharmacy is the oldest business giving continuous service to Montana’s Madison Valley, having been established originally in 1905.  Marie Hajny purchased the Ennis Pharmacy in 1984, after having worked as a substitute pharmacist in Ennis since 1971.  In 1994, Marie had the building constructed at its current location with the dream of bringing the old fashioned soda fountain back to Ennis.
 
The pharmacy serves the Madison Valley and surrounding area.  The nearest competition for the pharmacy is about an hour drive away.  The pharmacy is contracted with the new Madison Valley Medical Center, a critical care access hospital, which was recently constructed & opened in 2009.  The pharmacy is also contracted with the Madison Valley Manor, a 40 bed nursing facility.  Additionally, the Ennis community has a considerable retirement population that increases dramatically in the warmer summer months. 

The retail drug store offers health and beauty aids, greeting cards, gifts, Montana souvenirs, and digital photo processing.  The friendly, knowledgeable staff offers customer service that sets Ennis Pharmacy apart from the chain drug stores.    Additionally, next morning delivery from the wholesaler on health and beauty products allows this business to address the needs of the community while keeping inventory at a reasonable level.

Yesterday’s Soda Fountain serves breakfast, lunch, espresso and soda fountain treats daily.  Known for exceptional food quality and pleasant service, Yesterday’s is famous for their fried scones at breakfast and charbroiled burgers at lunch.  It has a solid base of local customers as well as repeat visits from tourists who plan their vacations around a visit to the soda fountain.

The current owner and pharmacist is ready to retire, but would consider working as a substitute pharmacist on an as-needed basis. She is offering very favorable financing terms.

The pharmacy is located in a rural area known for exceptional natural beauty and outdoor recreation opportunities. The economy is looking up in rural Montana, and the recent economic downturn had a later onset in this area than other counties in Montana and certainly later that the rest of the country. Thus, according to a University of Montana economist, this area will bounce back more quickly and sooner.

AGENT: Duane Bush

 
List Price:
$1,600,000

Location:
Ennis, Montana

Gross Revenue: $2,632,032

Adjusted Net Income: $356,682

FF&E: TBD

Inventory: TBD

Real Estate:valued at $500K, incl. in asking price

Reason for sale: Retirement

   

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