3206 Fairgrounds LoopSpearfish, SD 57783

Property Details for 3206 Fairgrounds Loop

Year built

2014

Lot size

0.90 AC

Property size (Sq ft)

7,200 SF

Property type

Showrooms

APN

32310-00000-220-00

APU

323100000022000

Description

This exceptional opportunity presents the chance to acquire a well-established and profitable vinyl wrap, signage, and graphic design business located in Spearfish, South Dakota, at 3206 Unit A W Fairgrounds Loop. Priced at $180,000, this turnkey operation boasts a stellar reputation and a loyal, repeat customer base, ensuring a smooth transition for a qualified buyer. The business includes all necessary equipment, technology, supplies, and inventory, representing a significant value proposition. A current subscription to a comprehensive instructional and support website further enhances the ease of operation and provides ongoing resources. The existing client base provides a solid foundation for immediate income generation, while the business's essential nature and broad market appeal offer substantial potential for expansion and increased revenue streams. The current owner has identified numerous additional service offerings that could be readily implemented with minimal additional overhead, significantly boosting profitability. This represents a rare opportunity to acquire a thriving business with a proven track record and significant upside potential in a desirable location. The sale includes all existing equipment, technology, supplies, and inventory, along with a year's subscription to a valuable online resource. This is an ideal acquisition for an experienced professional seeking a turnkey operation with immediate income and significant growth prospects.

• CAP approach

  CAP return

  Valuation

  6%

  $2,528,780

  6.5%

  $2,334,258

  7%

  $2,167,526

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,764,394

  Geo Method

  $1,499,057

• Alternative Use

  Use

  Valuation

  Residential

  $1,969,034

  Hospitality

  $1,803,625

  Educational

  $1,500,595

  Medical

  $1,552,202

  Retail

  $2,334,258

Location Insight

City

Spearfish

County

Lawrence

State

South Dakota

Latitude

44.5194

Longitude

-103.888

CBSA code

43940

CBSA name

SPEARFISH, SD MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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