This is a great opportunity to own a long-established, well-known leather goods shop in Macomb County! Established in 1973, this 1,400 square foot specialty retail shop is located on a high-traffic intersection 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 accessories, repairs, an active social media presence, adding an online store with national shipping, custom and corporate leather engraving/personalization services, partnerships with local motorcycle & automotive clubs, 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!
- Asking Price:
- $70,000
- Sales Revenue:
- $200,000
- Cash Flow:
- $100,000
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
Established in 1973, this 1,400 square foot specialty retail shop is located on a high-traffic intersection 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.
- Size in square feet:
- 1,400
Business Operation
- Expansion Potential:
-
A new owner/operator with some creative advertising/marketing along with adding additional accessories, repairs, an active social media presence, adding an online store with national shipping, custom and corporate leather engraving/personalization services, partnerships with local motorcycle & automotive clubs, 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!
- Reasons for selling:
-
Retirement
- Employees:
- 1
- Years established:
- 53
Other Information
- Support & training:
-
seller will train
- Inventory / Stock value:
- $100,000
