Shoe Repair
Not Disclosed, MI Oakland County
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- RE: Shoe Repair
- Contact: Armen Nazarian
Quick Facts
| Asking Price: | $140,000 | |
| Annual Revenue: | $164,311 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $105,207 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1986 | |
| Employees: | 1 | |
| BBN Listing #: | 954998 | |
| Broker Reference #: | 0657 |
Business Overview:
This is a great opportunity to own a long-established Shoe Repair Business in Oakland County. Established in 1986, this 1,700 square feet 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 advertiseā¦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! Contact Armen Nazarian Business Brokers using reply to this ad button.
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Property Features and 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.
Market Competition and Expansion:
Current owner does not advertiseā¦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!
Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Michigan businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
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