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Business For Sale

The Athlete's Foot: 1% Royalty Agreement

Springfield / Delaware, PA

Retail: Sporting

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$150,000
$360,000
$75,000
$70,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1980
2
25630061
Owner Financing is Available!
Willing to discuss for qualified owner / operator

Business Overview:

This is a perfect business for an athletically inclined owner / operator. The franchise agreement is one of the first in TAF system and hence carries a very advantageous 1% royalty vs 5%. This agreement is good forever. Stong cash flow.

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:

Currently located in the Springfield Mall (Macy's & Target anchors), this business can either stay there (new lease rates are very good) or move to a location of the new owner's choosing.

Market Competition and Expansion:

This is a competitive business and the majors, Footlocker, Finish Line, lack good service. An owner operator who understands the service business can forge relationships with customers and do very well. Expansion is possible throughout eastern PA and southern NJ.

Reason for Selling:

Changing Careers

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 a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Resources:

 

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