Shoe Repair

Asking Price$140,000

Cash Flow
$105,207
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$164,311

Inventory$25,000
Not included in asking price
FF&ENot Disclosed

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Shoe Repair


Asking Price$140,000

Cash Flow
$105,207
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$164,311

Inventory$25,000
Not included in asking price
FF&ENot Disclosed


Seller Financing Available
Business Description
This is a great opportunity to own a long-established Shoe Repair Business in Oakland County. Established in 1986, this 1,700 sq. ft. store is located on a busy road surrounded by plenty of residential and commercial properties. Repairs offered include Shoe Soles, Heels, Luggage Bags, Handbags, Zippers, Equestrian, and Sports Equipment. Other Services provided include Leather work, Orthopedic work, High End Shoe and Purse Cleanings, Patch Sewing, Rip/Tear Repairs and so much more. Current owner does not advertise…a new owner/operator with some creative marketing/advertising along with networking with local medical professionals, opening on Sundays, expanding business hours, having an online retail presence, adding more inventory and opening additional locations, you have HUGE potential to the already solid cash flow! A must see/must have business that will not last long! Turn-key operation! Call Armen Nazarian Business Brokers
About the Business
Years in Operation
39
Number of Employees
1
Facilities & Assets
Repairs offered include Shoe Soles, Heels, Luggage Bags, Handbags, Zippers, Equestrian, and Sports Equipment. Other Services provided include Leather work, Orthopedic work, High End Shoe and Purse Cleanings, Patch Sewing, Rip/Tear Repairs and so much more.
Website
https://www.armennazarian.com/
Opportunities for Growth
Current owner does not advertise…a new owner/operator with some creative marketing/advertising along with networking with local medical professionals, opening on Sundays, expanding business hours, having an online retail presence, adding more inventory and opening additional locations, you have HUGE potential to the already solid cash flow!
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,200
Rent
$1,700.00 per month
About the Sale
Seller Motivation
Retire
Transition Support
Seller will Train
Financing Options
$140,000 with $60,000 down. 8% int., amortized over 36 months
Listing Info
ID
2290334
Listing Views
418

Contact Seller

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Business Listed by: Armen Nazarian Armen Nazarian Business Brokers

Listing ID: 2290334 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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