1318 4th St NW

Business Opportunity for Sale
Catylist Listing ID: 30454825
Property Subtypes: Clothing and Fashion
Building Size (RSF): See Agent
Sale Price: $425,000
In Opportunity Zone? Yes
Name of Establishment: Silverado Apparel + Home
Business Website Address: https://www.silveradoapparel-home.com/
Year Business Established: 1980
Gross Revenue: $900,000 (Annual)
Cash Flow: $0 (Annual)
Relocatable Business: Yes
Sale Terms: Cash to owner. Current location comprises 16,000+ sf in a thriving Albuquerque neighborhood. See broker for information on purchasing or leasing building.
Last Updated: 11/16/2020

Overview / Comments

This is an exceptional opportunity for line expansion for an established company or as an owner-operated business.

Trendsetting fashions for women, men and children, distinctive home décor. Proudly manufactured in New Mexico. Silverado has been in the forefront of design trends, including the Pendleton blanket coat and the serape jacket for 39 years. The company boasts numerous brands that are in demand by discerning customers on three continents. Silverado has mature marketing and distribution channels, fully equipped, modern manufacturing facilities, large organic followings on Facebook, Instagram and other social media sites, and much more.

Owner willing to consider selling apparel and home décor businesses separately. Ask broker for details. This is an asset sale. Owner wishes to retire.

The manufacturing facility and warehouse associated with this business is also for sale and may be purchased along with the business (contact broker for more information).

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Industry Segment: Clothing Designer
Reason for Selling: Retirement
Value of Inventory Included ($): $288,000
Value of Furniture, Fixtures, and Equipment ($): $114,000
Real Estate Status: Not Applicable
Value of Real Estate Included ($): $0
Real Estate Lease Description: Building owned by business owner. Lease of building by new owner is open to discussion. Purchaser may also buy building or relocate business.
Employee/Labor Description: Key members of design and marketing team plan on staying. Most employees have been with the company for a number of years.
Mgmt/Training Support Description: Owner willing to train through transition. Dedicated to the success of the new owner.
Growth/Expansion Opportunities: The Southwestern Look never goes out of style! Excellent wholesale customer list. In demand line in multiple countries. Plenty of room to grow domestically and internationally.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,540 117,968 323,684
Median Age: 34.41 35.92 35.3
Households: 6,250 49,895 131,953

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