Beloved Local NC-Made Shop — Ready for the Next Owner to Grow It
Business Description
Gather NC is a beloved local retail boutique celebrating North Carolina's rich culture and creativity through curated products from 40+ NC makers and artisans. Established in 2023, this turn-key business occupies a prime 1,200 sq ft location at 106 Carthage St in downtown Sanford, directly benefiting from high-traffic evening events at the historic Temple Theatre.
BUSINESS OVERVIEW:
This unique concept store features 100% North Carolina-made products, from locally crafted candles and custom-designed apparel to artisan goods representing the state's diverse creative community. The business maintains exclusive vendor relationships built over two years, creating a competitive moat that would be difficult for new entrants to replicate.
FINANCIAL HIGHLIGHTS:
• Annual Revenue: $41,743 in 2025, $63,000 in 2024. 2025 sales reflect the current owner’s limited bandwidth due to a rapidly expanding career in real estate.
• Asking Price: $50,000
• Monthly Lease: $895
• FF&E Value: $10,500
• Inventory Value: $18,000
• Seller financing available: 50% down with 12-24 month payment terms
STRATEGIC ADVANTAGES:
• Only downtown boutique exclusively featuring NC makers
• Strong partnership with Downtown Sanford, Inc. ensuring inclusion in major local events
• Established relationships with 40+ North Carolina artisans and makers
• Prime location benefiting from Temple Theatre foot traffic
• Two-year head start in market with proven concept
GROWTH OPPORTUNITIES:
Massive growth potential with Pilgrim's Agricultural Marketplace opening Spring 2026 nearby, expected to drive significant new daytime traffic. Sanford is experiencing a $64M retail surge, positioning this business for substantial expansion. Additional growth avenues include e-commerce development, artisan workshops, and expanded NC maker product lines.
OWNER TRANSITION:
Current absentee owner is selling due to career transition and time constraints. The business is fully operational and ready for a dedicated owner-operator to capture upcoming growth opportunities. Comprehensive support package includes 4 weeks of on-site training, warm vendor introductions, POS system guidance, and 90 days of phone consultation.
This turn-key opportunity is ideal for an owner-operator ready to streamline costs and drive local growth in Sanford's revitalizing downtown district.
BUSINESS OVERVIEW:
This unique concept store features 100% North Carolina-made products, from locally crafted candles and custom-designed apparel to artisan goods representing the state's diverse creative community. The business maintains exclusive vendor relationships built over two years, creating a competitive moat that would be difficult for new entrants to replicate.
FINANCIAL HIGHLIGHTS:
• Annual Revenue: $41,743 in 2025, $63,000 in 2024. 2025 sales reflect the current owner’s limited bandwidth due to a rapidly expanding career in real estate.
• Asking Price: $50,000
• Monthly Lease: $895
• FF&E Value: $10,500
• Inventory Value: $18,000
• Seller financing available: 50% down with 12-24 month payment terms
STRATEGIC ADVANTAGES:
• Only downtown boutique exclusively featuring NC makers
• Strong partnership with Downtown Sanford, Inc. ensuring inclusion in major local events
• Established relationships with 40+ North Carolina artisans and makers
• Prime location benefiting from Temple Theatre foot traffic
• Two-year head start in market with proven concept
GROWTH OPPORTUNITIES:
Massive growth potential with Pilgrim's Agricultural Marketplace opening Spring 2026 nearby, expected to drive significant new daytime traffic. Sanford is experiencing a $64M retail surge, positioning this business for substantial expansion. Additional growth avenues include e-commerce development, artisan workshops, and expanded NC maker product lines.
OWNER TRANSITION:
Current absentee owner is selling due to career transition and time constraints. The business is fully operational and ready for a dedicated owner-operator to capture upcoming growth opportunities. Comprehensive support package includes 4 weeks of on-site training, warm vendor introductions, POS system guidance, and 90 days of phone consultation.
This turn-key opportunity is ideal for an owner-operator ready to streamline costs and drive local growth in Sanford's revitalizing downtown district.
About the Business
- Years in Operation
- 3
- Employees
- 3 Part-time
3 part time employees added as owners career shift pulled her away from the busi - Facilities & Assets
- Prime Retail Space: approx 1200Sq Ft, located in Historic/Growing area of Downtown Sanford, NC
Turn-Key Renovations: Improvements include wall repair, interior paint, removal of old flooring and refreshed concrete flooring, upgraded LED lighting, replaced/refreshed ceiling tiles.
Lease: Current lease expires 8/31/26.
$28k hard assets: $18k fresh NC-made inventory + $10k fixtures/POS. Renovated w/ floors/paint/lighting. Turn-key & ready to grow. Includes vendor list, brand, social media. - Market Outlook / Competition
- Prime location at 106 Carthage St, directly benefiting from high-traffic evening events at the historic Temple Theatre. We hold a unique competitive advantage as the only downtown boutique exclusively featuring 40+ North Carolina makers. Our 2-year head start has secured exclusive vendor relationships that would be difficult for new competitors to replicate. Strong partnership with Downtown Sanford, Inc. ensures our business is included in major local events and marketing initiatives
- Opportunities for Growth
- Huge upside with Pilgrim’s Agricultural Marketplace opening Spring 2026 nearby, driving massive new daytime traffic. Benefit from Sanford’s $64M retail surge. Growth ready via e-commerce, workshops, and expanded NC maker lines
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,200
- Rent
- $895.00 per month
About the Sale
- Seller Motivation
- Being sold due to the owner's time constraints following a major career change
- Transition Support
- I offer 4 weeks of comprehensive training, including on-site support and a warm introduction to all NC vendors/makers. Covers POS systems, inventory, and social media. I’ll also provide 90 days of phone consultation for a smooth transition.
- Financing Options
- 50% down and 12-24 monthly payments
Listing Info
- ID
- 2454386
- Listing Views
Business Location
Listing ID: 2454386 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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