Business Summary:
A very successful, 50 year old Retail business specializing in a huge selection of American Western merchandise such as, clothing, Rugs, leathers and much much more. The store is conveniently located on a major state highway of northern New Jersey with a huge traffic flow. The business is widely popular within all of New Jersey and has a huge selection of apparel inventory which includes various leather products, outerwear, boots, vests, shoes and hats. The business also offers a large selection of Southwestern jewelry, rugs, pottery, art supplies, home furnishings, gifts and much more. The Business has recently been approved as an authorized Dealer for Tandy Leather products and has received a 22 mile exclusive territory. Tandy is a National Company, and the sales leader of raw leather products to the general public. This new Dealership is expected to increase the business income by a minimum of twenty percent of gross sales. The business has been long established and maintains a wonderful reputation with a loyal customer base. The business has a website which also offers delivery orders to any location in the US and therefore, draws additional sales traffic. The gross annual sales are above $500,000, with an expected increase to $700,000 for the next twelve month period and a substantial continued net income for the owner. The present owner is retiring and is prepared to train, remain post closing and finance the sale to a qualified purchaser. This is a most unique opportunity which must be seen to fully appreciate.
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