Leather Clothing Boutique

Relocatable, MI Macomb County

Asking Price: $310,000

Annual Revenue: $101,600

Retail: Clothing & Accessories

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RE: Leather Clothing Boutique
Contact: Kalyan Rachakonda

Quick Facts

	Asking Price:	$310,000
	Annual Revenue:	$101,600
	Net Profit:	Not Disclosed
	Cash Flow:	$24,715
	Total Debt:	Not Disclosed
	FF&E:	$15,000
	Real Estate:	Not Disclosed
	Year Established:	Not Disclosed
	Employees:	Not Disclosed
	BBN Listing #:	942651
	Broker Reference #:	60347-467467

Email or Print Listing

Business Overview:

Calling all Leather enthusiasts !!! Price includes inventory worth 275k. Leather is a classic, ageless fabric that shows quality. Real leather attracts and commands a genuine fanbase. Biking enthusiasts and fashionistas all love and shop from this treasure trove that is on offer. This is a great opportunity to own and make money selling and fixing leather clothing - jackets, belts, gloves, bags and lots more. The business has been operating for 50 years, and has seen some great years. Like all other businesses, it had tough Covid years, but still profitable. The current owner now wants to retire and enjoy his life. Any new owner can run the business as - is for a few months, before advertising the business. With a little bit of advertising, the business can scale very quickly, to the next level. The business comes with an excellent inventory of leather jackets, belts, hats, bags, etc.

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Property Features and Assets:

Monthly Rent: $2,171.00

FF&E General Condition: Excellent

The business is debt free

Reason for Selling:

Retiring

Additional Details:

The property is Leased.
The owner is willing to train/assist the new owner.
This is not homebased business opportunity.
This is not a franchise resale opportunity

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