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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