Established Leather Clothing Boutique in Macomb County, MI
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Financial Details
- Asking Price:
- $41,000
- Annual Revenue:
- $101,600
- Cash Flow / SDE:
- $24,715
- Valuation Multiple:
- 1.7x
- Location:
- Macomb County, MI, US
- Source:
- Date:
- August 27, 2025
Key Highlights
- Established leather clothing boutique in Macomb County, MI, operating for 20 years.
- Specializes in sales and repair of leather jackets, belts, gloves, and bags.
- Profitable business with substantial inventory included ($275,000 value).
Description
Established leather clothing boutique operating for 20 years in Macomb County, MI. Specializes in selling and repairing leather clothing, including jackets, belts, gloves, and bags. The business has shown profitability even through Covid years. The owner is retiring, presenting an opportunity for a new owner to scale the business with advertising. The sale includes a substantial inventory of leather goods valued at $275,000 (not included in the asking price).
Industry Information
- Industry Description:
- Clothing and Accessory Stores
- Classification:
- Retail
Listing Details
- Listing ID:
- 4ee59d01-1c39-4a16-bd3f-94dbb0ddcc4b
- Deal Status:
- For Sale
- Date Posted:
- August 27, 2025
- Last Updated:
- August 27, 2025
- Currency:
- USD
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