Exquisite Jewelry Retail Store - A Taos Landmark

Taos, NM
Taos County


Asking Price: Annual Revenue:
$650,000 $535,000

Retail: Clothing & Accessories


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RE: Exquisite Jewelry Retail Store - A Taos Landmark Broker: Priscilla Dakin

Quick Facts

Asking Price: $650,000
Annual Revenue: $535,000
Net Profit: Not Disclosed
Cash Flow: $168,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: NM
Year Established: Not Disclosed
Employees: 1
BBN Listing #: 563531884
Broker Reference #: TAOSWA52020

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Business Overview:

This exceptional store has for decades provided locals and tourists with fine jewelry in the most impressive of establishments, a showroom well located for those driving or on foot and surrounded by other Taos retailers, restaurants, museums, galleries, and hotels.
Exclusive relationships with designers encourage customers to return for one-of-a-kind jewelry, including contemporary, Native and other styles.
The new owner will benefit from the high-end, detailed buildout and decor, designed specifically for this business. 2019 sales of $535K resulted in a cash flow to owner of $168K. The purchase price is pegged at $650K, and includes all inventory, at year end 2020, counted at $650K, the investment of $350K in the street-facing jewelers showroom, high-end interior improvements, and related jeweler-specific equipment. A fabulous opportunity for the individual or expanding retail company.

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Property Features and Assets:

Exceptional interior and display build out.

Market Competition and Expansion:

Destination for those enjoying the western beauty, recreation, high-end shopping, dining, and art.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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