Shoe store, retail, high end

Asking Price$975,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$319,807

Inventory$2,800,000
Included in asking price
FF&E$45,000
Included in asking price
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Shoe store, retail, high end


Asking Price$975,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$319,807

Inventory$2,800,000
Included in asking price
FF&E$45,000
Included in asking price

Seller Financing Available
Business Description
PRICE REDUCED. RETAIL price of inventory is $5.6 million, wholesale cost is $2.8 million. Business and inventory for sale for $995,000 or just buy inventory for $995,000. Very clean inventory at a bargain price! Well established quality shoe store since 1946 with special sizes. No online presence now, but needs one to be more profitable. Being online should lead to a sizeable increase in business. Seller will train as needed.
About the Business
Years in Operation
80
Employees
1 Part-time
2 owners each work 24 hours per week
Facilities & Assets
Located in a high traffic shopping center. Hard to fit, high end women's and men's shoes.
Opportunities for Growth
Business does not have a web presence but needs one.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,400
Rent
$6,400.00 per month
Lease Expiration
12/31/2026
About the Sale
Seller Motivation
Retirement
Transition Support
As needed
Financing Options
Seller will provide some financing
Listing Info
ID
2475632
Listing Views
155

Contact Seller

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Business Listed by: Fred Mehring Select Business Group, Inc.

Listing ID: 2475632 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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