Tandy Leather Factory Announces Agreement to Sell Headquarters …

FORT WORTH, Texas, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. (the “Company”, Nasdaq: TLF) today announced that it had signed a Purchase and Sale …


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Tandy Leather Factory, Inc. Announces Sale Of Corporate …

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Tandy Leather Factory will sell its headquarters for $26.5 million, leasing back until September 2025. Quiver AI Summary Tandy Leather Factory, Inc. has announced the signing of a …

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Tandy Leather To Sell Corporate Headquarters For $26.5M

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Dec 6, 2024  · Tandy Leather (TLF) announced that it had signed a purchase and sale agreement to sell its corporate headquarters facilities, including its primary distribution center and flagship …

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Tandy Leather Factory To Sell Headquarters For $26.5 Million

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Dec 9, 2024  · Tandy Leather Factory, a leading retailer in the leather industry, has announced a major move to sell its corporate headquarters, primary distribution center, and flagship retail …

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Tandy Leather Sells Headquarters For $26.5 Million - Investing.com …

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Dec 7, 2024  · In other recent news, Tandy Leather Factory Inc. announced the renewal of its stock repurchase program. The board of directors approved the continuation of the program, …

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Tandy Leather Factory, Inc. Announces Sale Of Corporate …

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Dec 6, 2024  · Tandy Leather Factory will sell its headquarters for $26.5 million, leasing back until September 202

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Tandy Leather Factory, Inc. Offers A Special Situation Trade

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1 day ago  · Summary. Tandy Leather Factory's recent $26.5M headquarters sale could yield a $1.76 per share special dividend, offering a 38% return on the current $4.65 share price.

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Tandy Leather Sells Headquarters For $26.5 Million - Investing.com

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Dec 7, 2024  · In a significant real estate transaction, Tandy Leather Factory Inc. has entered into an agreement to sell its corporate headquarters, including its primary distribution center and …

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FAQs about Tandy Leather Factory Announces Agreement to Sell Headquarters … Coupon?

What happened to Tandy Leather Factory?

FORT WORTH, Texas, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. (the “Company”, Nasdaq: TLF) today announced that it had signed a Purchase and Sale Agreement to sell its corporate headquarters facilities, including its primary distribution center and flagship retail store, to Colonna Brothers, Inc. ...

Does Tandy Leather Factory (TLF) offer a special situation trade?

Tandy Leather Factory, Inc. (NASDAQ: TLF) offers a potential special situation trade due to its recent sale of its corporate headquarters for $26.5 Million. This property was purchased in 2007 for $4.5 Million, and $3 Million of remodeling was done. According to PwC, capital gain for a corporation is taxed as ordinary income. ...

Will Tandy Leather Factory's headquarters sale yield a special dividend?

Tandy Leather Factory's recent $26.5M headquarters sale could yield a $1.76 per share special dividend, offering a 38% return on the current $4.65 share price. Management's significant ownership and potential $4.6 M gain incentivize a special dividend payout, enhancing shareholder value. ...

Where is Tandy Leather located?

Tandy Leather has been a 100-year fixture in Fort Worth and we are actively evaluating spaces in the area for our new headquarters and flagship store. ...

How much tax does Tandy Leather Factory pay?

Tandy Leather Factory is subject to the Delaware Corporate Tax Rate of 8.7% and the Federal Corporate Tax Rate of 21%. According to CE Shop, the highest standard commission expense by the listing agent, Steam Realty, is about 8% of the total sale price. ...

How profitable is Tandy Leather?

Tandy Leather's operation has been marginally profitable, with a 10-year average profit margin of only 3.8%. Any unfavorable industry event could erode this thin profit margin, driving down our floor price and wiping out our margin of safety. ...

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