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  • RE:  75 Years Specialty Shoe Store
  • Contact:  Elliott Dweck

Quick Facts

Asking Price: $179,000
Annual Revenue: $384,000
Net Profit: Not Disclosed
Cash Flow: $114,000
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 1948
Employees: 1
BBN Listing #: 610464169
Broker Reference #: 189597-880706

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Business Overview:

Family owned since 1948, a third-generation shoe store accommodating all sizes, foot widths and specialty shoe needs. In addition to Orthopedic shoes, they have contracts with 10 private schools as their exclusive supplier for school uniform footwear, Business has extremely loyal customer base. The store currently does no advertising and does not accept health insurance as a form of payment. These 2 things in addition to soliciting more private schools present big upside opportunity for the new owner.

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Reason for Selling:

Retirement

Additional 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

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