1020 Laurel StWhitewood, SD 57793

Property Details for 1020 Laurel St

Year built

1950

Lot size

1.03 AC

Property size (Sq ft)

4,118 SF

Property type

Other commercial real estate

Property subtype

Showrooms

APN

29100-03800-000-00

APU

291000380000000

Description

A&J Clothing, located at 1020 Laurel Street in Whitewood, South Dakota, presents a unique opportunity for acquiring an established and reputable clothing business. Priced at $325,000, this turnkey operation boasts a long-standing history of excellent customer service and a loyal clientele. The business carries a diverse inventory of high-quality, name-brand apparel, including but not limited to Levi's, Wrangler, Red Wing, Carhartt, Muck Boot Co., Justin Boots, and Minnetonka Moccasins. This ensures a broad appeal to a wide range of customers. The current owner is committed to a comprehensive training program for the new owner, ensuring a smooth transition and the continuation of the business's success. This includes introductions to existing customers and a thorough overview of all aspects of the business operation. This is an exceptional opportunity for an entrepreneur seeking a profitable, established business with a proven track record and strong brand recognition within the community. The sale includes the established business, inventory, and existing customer relationships. Serious inquiries only. No land is included in the sale.

• CAP approach

  CAP return

  Valuation

  6%

  $1,446,322

  6.5%

  $1,335,066

  7%

  $1,239,704

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,724,969

  Geo Method

  $857,378

• Alternative Use

  Use

  Valuation

  Residential

  $1,126,178

  Hospitality

  $1,031,573

  Educational

  $858,257

  Medical

  $887,774

  Retail

  $1,335,066

Location Insight

City

Whitewood

County

Lawrence

State

South Dakota

Latitude

44.4617

Longitude

-103.638

CBSA code

43940

CBSA name

SPEARFISH, SD MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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