Owner Financing is Available!
Business Overview:
This shoe retail store is truly one of a kind. It performs at such a high volume level specifically driven off of the exquisite customer service that is provided, starting from the principal ownership on down to its employees. Based in a affluent, highly trafficked shopping mall area, the store concentrates on serving the needs of the community’s children and those whom require special needs. The specialization of orthotics for children has made this shoe store one of a kind, and a destination for all special needs families in the region. The business is extraordinarily highly regarded, and generates high volume sales on word of mouth, referrals, and return customers. This is an opportunity for a highly motivated, specialized, and philanthropic entrepreneur to take over a business unlike any you can find on Main Street these days. Current principal owner works tirelessly with community organizations pursuing philanthropic and charity works while managing a successful business. Principal desires to remain with the business after it is sold and continue working with children through the business.
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:
Assets= $754,000
Market Competition and Expansion:
There is no real competition for this unique, one of a kind operation. Because of the orthotics operation serving special needs children, there literally is no competition in the region whatsoever. Competition for shoe store consists of department stores, chain stores, and discount shoe stores. Large potential for growth as the economy begins to rebound. A more detailed oriented approach for inventory management, expanding current product lines, store hours, locations, installment of inventory/sales Point of Sale system, etc. are all areas of growth that can be explored by new ownership. E-Commerce, website development, online ordering and advertising would be one of the chief areas of growth potential, as the current principal has not established any internet presence whatsoever.
Reason for Selling:
In consideration of age of principal
Additional Details:
- The property is leased.
- 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.