NOT DISCLOSED, Michigan
| Asking Price |
$310,000 |
Year Established |
|
|
| Annual Revenue |
$101,600 |
Reason for Selling |
Retiring |
|
| Annual P/L |
|
Attention |
Kalyan Rachakonda |
|
| Annual Cash Flow |
$24,715 |
Listing Number |
942651 |
|
| # of Employees |
|
Business Category |
Retail: Clothing & Accessories |
|
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.
Property Features and Assets:
<p>Monthly Rent: $2,171.00</p>
<p>FF&E General Condition: Excellent</p>
<p>The business is debt free</p>
Market Competition and Expansion:
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