A True "Old World Variety Store"

Riverton, WY
Asking Price:$495,000
Inventory:$80,000
Real Estate:$340,000
Gross Revenue:$125,000
FF&E:$50,000
Established Year:1997
BUSINESS DESCRIPTION

A turn-key opportunity with unlimited potential and instant cash flow!

Established in 1997 as a multicultural oasis of unique and obscure merchandise that was lacking in a central Wyoming college/agricultural community, we have literally thousands of things that just can't be found in the corporate stores that have invaded small towns across America. Our brick-and-mortar store still attracts people from all walks of life due to word-of-mouth promotion since day one and a combination of targeted advertising over the years. Our cross-selection of product offerings is very diverse and adaptable to any enthusiastic entrepreneur to add or take away from the mix. This business is very much a "Bohemian" collection of random items from over a hundred acquired wholesalers over the years, and those sources will also be yours as part of your investment in this 27-year-old family-owned business. It's simply time to retire and let someone new take the reins and bring their own energy and fresh ideas with them. Good cash flow and great opportunity awaits you... it's a great community to raise a family in! Please contact the owner for further details and financials.


DETAILED INFORMATION
Location
Riverton, WY
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
3,200
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Building (including outdoor storage shed,) all fixtures and inventory included. Ample private parking lot. Complete security system on all entry points as well as digital camera surveillance inside and out.
Competition
We are in an agricultural region with a great community college and also a major hub for tourism to Yellowstone and other points of interest throughout Wyoming. The local market is steadily improving after Covid and we have very little local competition that offers the full array of merchandise we have assembled over the years. Our local economy is strong with very few "specialty" stores to compete with the various corporate dominated offerings in town. Our county has around 80,000 prospective customers within short driving distance.
Growth & Expansion
The announcement of "New Owners" will instantly provide tons of room for growth and the recapturing thousands of locals who drifted away, moved away or have become accustomed to their online addictions! Fresh ideas and enthusiasm from a new owner will provide instant and steady cash flow.
Support & Training
Owner will gladly be available for 30 days or longer to provide guidance and help in sorting out all the accumulated retail and maintenance items lying around and provide operational training/advice.
Reason for Selling
Health and burnout... it's time to retire!

BUSINESS LOCATION
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Patrick Schommer
Patrick Schommer