Downtown Storefront Retail Business Opportunity
$425,000
17 East Aspen Avenue, Flagstaff, AZ 86001
1,200 sqft
Building Size
0.24 acres
Lot Area
Details:
Highlights:
- Turnkey retail business sale opportunity
- One owner for over two decades
- Priced below recent appraisal
- Exclusive Birkenstock provider
- Located in the heart of downtown Flagstaff across from Heritage Square
- Inventory included in asking
- Consistently averaging $1m in gross merchandise sales
- Potential to be semi-absentee to absentee owned
- New lease to be established
- Strong on-line reviews and local fanfare
- Huge pedestrian foot traffic counts
- Potential to capture more of the market share
- Street parking
- Tradename, marketing/online platforms, customer accounts all convey
- Few opportunities available of its kind
- Non-compete
- Training negotiable
- Owner relocating
- I will tell you that I pay myself 55K annually thru payroll and I gave myself a 20K bonus in 2024. In 2023 I did the same payroll and gave myself a 30K bonus. I run other expenses on my shop credit card and I feel like I am safe to say that is about $72K, maybe more. So about $150K. This was higher in 2021 and 2022.
Description:
Ready to make a bold career change that also makes a bold fashion statement? Well step inside to Shoes and Such, take the keys, and be the boss of this boutique that has been a Flagstaff fixture for over two decades. This highly successful retail shop in the heart of downtown Flagstaff is a go-to for locals and tourists alike, with its chic and trendy offerings of retail products including women's clothing, shoe wear (Birkenstock exclusive provider), jewelry, and much more. You can't help but feel a sense of yearning to buy everything in the store as you are drawn into this cozy space, with every rack a new colorful, contemporary offering. The Owner has created one of the most reputable, friendly, and stylish retail shops in the area, and now wants to help another follow in her fashionable footsteps. Conveying turnkey and fully inventoried, this quaint yet buzzing store has consistently hovered around $1m in gross annual merchandise sales with 2025 numbers sustaining the same plane. All FF&E and inventory is included in the price, valued at approximately $100,000. New lease to be established with Landlord upon sale. Can be operated as an owner-user or passively with a trained team in place, allowing for even more profitable returns by boosting cash flow. Financials provided via a signed NDA. Training negotiable. Priced under market value.
You've dreamed of it, now here's your chance to be your own fashionista!
Nestled in the heart of downtown Flagstaff, the area surrounding the property offers a vibrant mix of culture, dining, retail, and hospitality. Residents and workers are just steps away from Heritage Square with its charming shops, local breweries, and acclaimed restaurants. This superb location makes it an ideal setting for a dynamic and thriving and pedestrian-friendly retail environment.
City, APS, Unisource
Retail storefront directly across from Heritage Square
APS
Unisource
Location

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