Reputable Alterations and Shoe Repair-236125-RP

Not Disclosed, VA
Henrico County


Asking Price: Annual Revenue:
$150,000 $220,000

Services: Non-classifiable


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RE: Reputable Alterations and Shoe Repair-236125-RP Broker: Raj Prasad

Quick Facts

Asking Price: $150,000
Annual Revenue: $220,000
Net Profit: Not Disclosed
Cash Flow: $150,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1994
Employees: 1
BBN Listing #: 774043891
Broker Reference #: 9525-236125

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Business Overview:

This business has been a fixture in Central Virginia for nearly three decades, specializing in shoe repairs and clothing alterations. They can repair any type of shoe as well as handbags and baseball gloves. Alteration services include shirts, wedding gowns, sport coats, pants, and draperies.

The store is in a shopping center located in an established area of Central Virginia, visible from a main road, and has abundant paved parking. Current rent plus utilities is approximately $2,500/month.

The business is currently being operated by the owners, as it has for over 25 years, and has one employee. Due to low cost of goods and expenses, a new owner can run the business profitably as an owner-operator or absentee owner.

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Reason for Selling:

Retiring

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.

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