Joe Kboudi, the owner of music and gift store All That Jazz, is selling the busines so he can retire, he announced Wednesday. If he doesn't find a buyer or investor in the next few months, the iconic downtown store could close.
Updated August 31, 2011 at 7:30 p.m.
Steamboat Springs After more than three decades at the helm of the iconic downtown music store, Joe Kboudi announced Wednesday that he’s putting All That Jazz up for sale so he can retire.
“I’ve been thinking about it for a good while,” he said. “I’m in my late 60s, and it’s probably time to hopefully pass the torch and retire and do some other things, or not take as large a part in it.”
Kboudi said he would consider a 100 percent sale and would be available to stay on to train a new owner or work as a manger or buyer. He also would consider a partial sale or investment.
The business is listed for $275,000 with Prudential Steamboat Realty. Steve Hitchcock is the listing agent.
“It’s hard,” Kboudi said about the decision to put the store on the market. “I’ve had the store for 34 years, and there’s a huge connection between the community and the store. I want that to continue. It’s really important.”
He opened the business downtown in 1977, selling vinyl records and cassette tapes as well as gifts and greeting cards. The store also sells tickets for local concerts, community events and fundraisers.
“The store, at this point, is much more than a music store,” he said. “It’s a gathering place for the community. It’s kind of a meeting place.”
Kboudi recalls that running the store was the “easiest thing in the world” when it was a small record shop tucked into the Harbor Hotel. Through the decades, the store went through a phase in Old Town Square before moving to the corner of Sixth Street and Lincoln Avenue in the new Alpen Glow building three and a half years ago.
As time went on, so did the landscape of the music business.
“The Internet has made the music store business endangered, and there’s not many stores like mine left,” he said. “Still, there’s a resurgence of vinyl now, and people are buying new and used vinyl, and it’s a great thing.”
He said it would be a “good thing” if he could still be involved with the store on some level, interacting with customers and helping to outfit them with gifts, clothing and music.
However, he said if no buyer or investor is found before ski season, he would close the store.
“That would be a sad day,” he said.
Tracy Barnett, manager of Mainstreet Steamboat Springs and a former downtown business owner, said she also would hate the see the store close.
“All That Jazz has been an icon in downtown Steamboat forever,” she said. “People expect to see it there.
“I hope that he will either find his investor or someone will choose to buy the store and keep it going.”
— To reach Nicole Inglis, call 970-871-4204 or email ninglis@SteamboatToday.com