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 been long established and maintains a wonderful reputation with a loyal customer base. 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 20% percent of the gross sales. 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 $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 be fully appreciated.
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