Jacquie Peterson and her husband, John Clark, also own three other businesses. They travel across the nation in support of Hospitality Renovations and U.S. National Construction, which will both continue operating. A fifth business, Zeepbel USA, is a manufacturer and wholesale supplier of organic bath and body products to spas, boutiques and salons. The business sells to nine states and Peterson plans to continue operations there as well.
Peterson said she anticipates higher taxes and more regulations during Obama’s second term of office. Closing the downtown Cedartown retail business and movie theater are necessary steps for the couple’s economic survival, Peterson said.
“We thank and love this community and have tried to do the right thing,” Peterson said. “But at some point you have to take care of yourself.
“We are shutting down the arteries to save the core business.”
Peterson went on to say that “elections have consequences.” While noting that Polk County is a conservative community that favored Republican Mitt Romney in the election, the simple fact is that the couple’s business has to survive in a national business climate that Peterson described as increasingly hostile to small businesses.
“The current administration’s agenda has continued to make the business environment impossible for small business entrepreneurs,” Peterson said. “We pay about 55 cents of every dollar we make to taxes. After he’s done it’ll be 65 cents of every dollar.”
Pink Sugar opened about two years ago, filling an empty building at the busy corner of Main Street and West Avenue. The boutique sells bath soaps, perfumes, clothing and accessories.
The couple bought the West Cinema last year from the Kenneth Browning family. It is currently operated by their daughter and son-in-law, Gabriella and Jeff Drake. The theater has two screens and hosts birthday parties and other events.
Peterson said the theater is up for sale. Interested parties may contact Gabriella Drake at (706) 204-6423. Meanwhile, according to the theater’s Facebook page, the theater will shut down after showing the film “Breaking Dawn Part II” on Friday, Nov. 16.
The stock, furnishings and display items at Pink Sugar will be sold next week through a going-out-of-business sale, beginning 10 a.m. Tuesday, Nov. 13. The business currently has its doors locked and windows covered. Saturday, Nov. 17 will be the last day of the sale.