Business Overview:
This decades-established exquisite jewelry store is located in the heart of Taos, where the sky meets the mountains. It is here tourists from around the world come to recreate, enjoying the great out of doors, visit galleries & museums, and shop. The owner and one staff member are the operators, helping their client, local or guest, find the right piece for themself (or a another) - from precious metals to leather, gems to stone. The leased establishment is built out with fine cabinetry, presenting the shopper with the proper setting for this caliber jewelry and other art pieces. At this writing there is approximately $700K in inventory included in the sale price. The revenue in 2019 was $535,000 with a cash flow to owner of $168,000, assuming the owner was working full time with a part time sales professional. There are coveted designer/vendor relationships. All for $650,000. Excellent for the individual or other store/corporate owner.
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Property Features and Assets:
Exceptional 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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