Retail - General Merchandise Stores | Retail - Apparel & Accessory Stores

$Seller Financing Available

Asking Price	$375,000	Inventory	$250,000**
Gross Income	$511,000	Real Estate	Option Available*
Cash Flow	$175,000	Year Established	1955
FF&E	$250,000*	Employees	two

* included in the asking price

** not included in the asking price

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.

Facilities: Spacious retail facility consisting of an outstanding 6,000 square feet with additional basement and storage space. This business is located on a major state highway with super traffic flow and lots of daily customers. The seller will provide a new 15 year lease or an option on the real estate property through our real estate division. A large private parking area is included in the lease sale transaction.

Competition: Due to the exclusive product menu there are absolutely no similar businesses within a large area and with this much popularity and recognition.

Growth/Expansion: This business recently became a dealer with exclusive territory which will substantially increase the cash flow. Additionally, a further increase in sales can be acquired by updating the website and by offering online specials.

Seller Financing Available: Yes

Financing: Financing is available for a qualified purchaser

Support/Training: Seller will provide a complete due diligence review period and remain for a long period post closing.

Reason Selling: Retirement after many successful years.