Business Broker.Net | Connecting Business Buyers and Sellers

Asking Price:	$100,000 USD USA Dollars
Business for Sale Industry:	Retail: Clothing & Accessories
Reason for Selling:	Owner does not have time, due to other businesses
Year Established:	1999
# of Employees:	2 p/t
Yearly Revenues:	$200,000
Yearly Cash Flow:	$36,000

Business for Sale Overview:

This well-stocked children's shoe store is located in a very busy shopping area in this upscale Westchester community. Their shoes currently serve the children's market...from infant to teenager. Their well known brands include Striderite, Nike, New Balance, and the most popular, European brands and styles. A full-time, resident owner who would spend the necessary time and attention to customers who walk in the door will add immeasurably to sales and profits, and which is not attainable with the current absentee ownership. This is a great opportunity to build the current business, expanding the market by including adult shoes, and getting the message out to the community by appropriate advertising. This can be a real winner!

Property Features and Assets:

The store is 1350 sq.ft. at a monthly rental of $4600. There are 3 yrs. left on the lease, and the landlord is very cooperative. There is ample parking in close proximity to the store.

Market Competition and Expansion:

Although there is one other, smaller shoe store about 1/2 mile away, this business is in an excellent location in this affluent Westchester community. It has high visibility and is next to a very busy and popular children's party store. There is a constant flow traffic into this upscale mini-mall. The sales volume can be greatly expanded by the introduction of adult shoes, extensive cooperative advertising with the shoe manufacturers, the attention provided by a resident owner instead of the current absentee ownership, and greater purchasing of closeout merchandise which becomes very profitable when sold.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for 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.