File Number-#0831 | Location-Macomb County, MI | Gross Sales-$200,000 | Cash Flow-$50,000 | Business Price-$70,000 | Down Payment-Cash | License Required-Sales | Inventory Value-$100,000 | Employees Full Time-1 | Date Established-1973 | Hours of Operation-Mon 12pm-6pm / Tues-Fri 10am-6pm / Sat 11am-3pm | Rent-$2,214 Gross | Lease Period-10/2029 | Reason for Sale-Retirement
This is a great opportunity to own a long-established, well-known leather goods shop in Macomb County, MI. Established in 1973, this 1,400 square foot specialty retail shop is located on a high-traffic interception surrounded by many commercial properties and dense residential neighborhoods. This shop offers an impressive selection of leather jackets, coats, vests, accessories, custom leather goods, repairs, alterations, and so much more. A new owner/operator with some creative advertising/marketing along with adding additional accessory repairs, an active social media presence, an online store with national shipping, custom and corporate leather engraving/personalization services, partnerships with local biker and automotive clubs, and attendance at local events and trade shows, you have HUGE potential. A must-see, must-have business that will not last long! Very loyal customer base that travels from across the state and Ohio! Turn-key operation only needing a new owner/operator with lots of potential to scale! Seller will train to ensure a smooth transition to the new owner. Perfect for a husband/wife team or family run business!
