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30+ years Established Native American Jewelry Store

Santa Fe, NM (Santa Fe County)

30+ years Established Native American Jewelry Store
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Asking Price: $298,000

Cash Flow: $190,901

Gross Revenue: $590,000

EBITDA: N/A

FF&E: $50,000

Inventory: N/A

Rent: $6,200 /Month

Established: 1986

30+ years Established Native American Jewelry Store

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Business Description

Specializing in pawn and vintage Indian jewelry and crafts.

This shop has been a point of destination for locals and tourists for well over three decades. Although we are well known for our vast inventory of vintage pawn jewelry; we also have a large selection of new items. We are famous for our authentic treasures as well as our understanding and appreciation of the Native American traditions and crafts. Our iconic shop has won the “Best of Santa Fe” award for the past six years. This well known business has been featured in the New Mexico Magazine, tour books, newspapers and many other publications.

Detailed Information

Location:
Santa Fe, NM
Real Estate:
Leased
Building SF:
992
Lease Expiration:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The shop is nearly 1,000 square feet and is located directly on the historic Plaza in a well traveled and secure Galleria. The lease is transferable to the new owner. The shop is filled with lovely oak and metal display cases and all of the needed items to display and sell the jewelry. Inventory is available for wholesale purchase.
Competition:
This is one of only a handful of shops who offer completely authentic Indian jewelry. The competition is small and we all work together.
Growth & Expansion:
Expanding is certainly a lucrative possibility. We have successfully run up to three shops on the plaza at a time.
Financing:
Inventory is available for wholesale purchase
Support & Training:
The small staff is very knowledgeable. The owner is available to be hired on a part time basis for sales, support and training.
Reason for Selling:
After 35 years, it is time to retire.
Business Website:
http://shalakoindianstore.com
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Business Listed By:
Marcia Kahlbau

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