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- RE: Shoes / Dealer/ High Vol & Net, 25 Yrs In Biz
- Contact: Jonathan Hwang
- License #: 01995716
Quick Facts
Asking Price: | $299,000 | |
Annual Revenue: | $1,560,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $120,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $100,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2000 | |
Employees: | 2 | |
BBN Listing #: | 985294 | |
Broker Reference #: | 5568 JH |
Business Overview:
It's an exceptional opportunity to acquire a well-established name-brand shoe wholesale business located in Orange County. Strategically positioned along one of the area's most active corridors, this business has been successfully operated by its current owner for 25 years, building a strong reputation and consistent revenue.Business Overview:
Annual Sales Revenue:$1.56 million ($130,000 monthly from wholesale and retail)
Profit Margins:Approximately 10% wholesale / 100% retail
Net Income:$10,000 per month
Store Size:4,800 square feet
Lease Terms:Lease valid until January 2030, with a 5-year renewal option
Rent & CAM Charges:$7,500 per month, with a 3% annual increase
Employees:Two part-time staff members
Payroll Costs:$2,000 per month
Inventory Value:$300,000 at cost NOT included
This business presents a rare opportunity for an investor or entrepreneur to step into a thriving enterprise with a well-established customer base. The prime location, long-term lease stability, and strong financial performance make this an excellent investment for those looking to enter or expand within the footwear industry. For further details or to schedule a confidential discussion, please feel free to contact me at your earliest convenience.
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Reason for Selling:
FamilyAdditional 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
Documents:
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