Specialty Footwear Biz w/ Building - Profitable

Albuquerque, NM
Bernalillo County

Greater Albuqueruqe Metro Area

Asking Price: Annual Revenue:
$674,000 $350,050

Retail: Health, Beauty, Nutrition

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RE: Specialty Footwear Biz w/ Building - Profitable Broker: Barbara Kline
License #: NM REC 49950

Quick Facts

Asking Price: $674,000
Annual Revenue: $350,050
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $397,000
Year Established: 1965
Employees: Not Disclosed
BBN Listing #: 893459713
Broker Reference #: 2020-fcb

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Business Overview:

Foot comfort is critical to effectiveness for athletes, businesspeople, service people, housewives, and those performing just about any other activity imaginable. For people living with conditions such as diabetes, foot care is essential. This foot care company has been helping adults and children walk, run and work without foot pain for more than 55 years. Services run from evaluation through identification of proper footwear and any othodics or shoe inserts necessary for comfort.
The business boasts a net income averaging above 25% of gross for the last 4 years. Owner is willing to train, and business assets include valuable IP on the process of measuring for and designing foot care solutions. The company’s proprietary methods for evaluating and supporting foot conditions has contributed significantly to its success.
This is an asset sale. The business and the property are being sold together. The owner is choosing to retire.

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Property Features and Assets:

Business is in a stand-alone building in a high-density, high-traffic location in the Greater Albuquerque Metro Area.

Market Competition and Expansion:

Company has a good reputation and has instituted additional marketing programs this year that are adding significantly to the bottom line. New owner has the opportunity to expand services and reach. New Mexico is becoming a target location for retiring Boomers, a population that will present high demand for company services.

Reason for Selling:

Owner retiring.

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.


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