North Carolina Business For Sale

$$$ - Profitable Shoe Store

Durham, NC

Retail: Clothing & Accessories

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$230,000
$270,000
Not Disclosed
$80,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2008
2
59827526
Owner Financing is Available

Business Overview:

Located in a busy shopping mall, this shoe store began turning a nice profit from practically the day it first opened its doors. The inventory of various hot brands, including a vast array of Converse and Ecko Unlimited styles available from only select vendors, separates this store from others.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

The store occupies 1,348 square feet in an active shopping mall. It consists of a small showroom, easily manned by a single person, with a large storage area for inventory in the rear. Support/Training: The seller will provide on-site training.

Market Competition and Expansion:

Competition: The store separates itself from the run of the mill shoe store by carrying Converse and Ecko Unlimited styles not found nearby. In addition to the shoe sales, some novelties including tee shirts are kept on hand. Growth/Expansion: Since first opening in July of 2008, this store has not only survived the worst economy since the Great Depression, but shown a healthy profit. This has been the case despite practically ignoring marketing. With some effort in the marketing arena, proceeds could jump to another level.

Reason for Selling:

Moving.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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