Quaint Antique and Consignment Store

Hugo, CO
Main Street Mama's
Asking Price:$170,000
EBITDA:$18,537
Established Year:2002
Gross Revenue:$60,000
Real Estate:$120,000
BUSINESS DESCRIPTION

Welcome to a little slice of heaven! This antique boutique has been in business since 2006 and continues to be a favorite among those seeking to find treasures.
With over 40 venders (and with a waiting list) this business continues to be a favorite among antique and treasure seekers. The proud owner of the business has had a flourishing shop for nearly 20 years! Each individual dealer can decorate and display their space with the items they want to showcase! This allows every individual to express themselves differently and allows for a true one-of-a-kind store! No two times when you visit will you see the same merchandise.
Located directly off US highway 40/287, this store has around 6300 vehicles pass by it daily according to the Colorado Department of Transporation 2022 traffic counts. This store is also located on the main street of Hugo, CO. This store is surrounded by a coffee shop, bank, bar, and grocery store right along Hugo’s Main Street. This store has also been known for its ice/cream soda shop, smoothies, and rare finds! It is truly an icon of eastern Colorado and the town of Hugo.

From Yelp reviews:

All I can say is wow! This place was chock full of fantastic items! Basically three stories of throwback goodness! Owner was very friendly and helpful! It was a fun stop on our antiquing trip! From Cindy W, Meridian Idaho, Aug of 2023

Anthony W of Calhan CO-Aug 22, 2019
Absolutely love this little antique shop. They have tons of stuff to choose from and we always picked something up while we're in there. The lovely woman in there always makes us delicious malts while we're in there as well!! Highly recommend this place. It's a must stop when driving through!!

With a total of 3250 sq. ft. The main floor has 2500 sq. ft. while the loft has an additional 750 sq. ft. There is a partial basement with nice storage space of approximately 750 sq ft. There are both women’s and men’s restrooms in the back. The bones of this building are solid.
This business is a great opportunity for owning a turn-key business. Walk into a building full of years of hard work and love poured into the walls and continue on enjoying the fruitfulness of the business and the smile of the happy customers!

see video on youtube-

https://youtu.be/jQPlZRU8Kio


ATTACHED DOCUMENTS
List of Inclusions and Exclusions.pdf Download

DETAILED INFORMATION
Location
Hugo, CO
Inventory
Included in asking price
Real Estate
Owned
Building SF
3,250
Employees
1
Facilities
3250 square foot building located on right off of Highway 40/287-6300 vehicles daily two floors, renovated coffee and "ice cream" bar
Competition
Business has been solid, even through the pandemic.
Growth & Expansion
With a bit more marketing, this could be expanded to an online business as well. It is already an iconic stop for antique and treasure hunters.
Financing
SBA and Conventional Financing
Support & Training
The current owner would be willing to help out for a short period of time to be negotiated at time of sale.
Reason for Selling
Retirement
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Timothy
Andersen
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Timothy Andersen