MergerPlace

Profitable Jewelry Store in Highlands,NC

Highlands, North Carolina (Macon)


  • Asking Price: $280,000
  • Gross Income: $420,007
  • Cash Flow: $149,907
  • Real Estate: Not Disclosed
  • Inventory: $45,000
  • FF&E: $38,135
  • Listing ID: #208065
  • Established: 1952
  • Employees: 1 FT

Business Description

A long established and profitable jewelry store operated on a six months a year basis for 18 years. This NC market supports a full year operation. Valuation is based on nine months of operational revenues and twelve 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.


Business Details

Primary Business Category: Retailers - Miscellaneous
Location: North Carolina
Metropolitan Area: Highlands
County: Macon

Company Information

Year Established: 1952
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT

Financial Information

Asking Price: $280,000
Gross Revenue: $420,007
Cash Flow: $149,907
FF&E: $38,135
Inventory: $45,000
Seller Financing Available: No

Property Information

Facilities:

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

Growth & expansion opportunities:

Financials shown for nine months revenue and twelve months expenses per year.

Competition:

This is a community that in past years tended to be seasonal in nature. Now there is a robust year around community available to sustain a full-time retail operation.

Reason for selling:

Owner must focus full-time efforts on jewelry store in Florida.

Support & Training:

Two weeks at no cost to the buyer.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Roberta Caputo

Capital Business Solutions