Established Jewelry Store in Highlands, NC

Highlands, NC
Macon County

Asking Price: Annual Revenue:
$280,000 $420,007

Retail: Clothing & Accessories

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RE: Established Jewelry Store in Highlands, NC Broker: Roberta Caputo

Quick Facts

Asking Price: $280,000
Annual Revenue: $420,007
Net Profit: Not Disclosed
Cash Flow: $149,907
Total Debt: Not Disclosed
FF&E: $38,135
Real Estate: Not Disclosed
Year Established: 1952
Employees: 1
BBN Listing #: 6488344
Broker Reference #: 3422

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Business Overview:

A long established and profitable jewelry store operated on a 6 months a year basis for 18 years. This North Carolina market supports a full year operation. Valuation is based on 9 months of operational revenues and 12 months of expenses with full financial analysis and explanation available to a qualified Buyer who has executed an NDA. The Seller will provide a long-term lease satisfactory to the Buyer. In addition there is a 1,000+ square feet apartment above the store available for the use of the Buyer.

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Property Features and Assets:

1,600 sq ft stand alone building with second floor apartment which may be used by the Buyer.

Market Competition and Expansion:

This is a community that in past years tended to be seasonal in nature. Now there is a robust year-round community available to sustain a full-time retail operation. Financials shown for 9 months revenue and 12 months expenses per year.

Reason for Selling:

Owner must focus full-time efforts on jewelry stor

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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