Footwear Store In A Major Mall - Absentee

Not Disclosed, NC
Wake County

Major Mall


Asking Price: Annual Revenue:
$99,999 $500,000

Retail: Clothing & Accessories


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RE: Footwear Store In A Major Mall - Absentee Broker: Neal Issacs
License #: 298749

Quick Facts

Asking Price: $99,999
Annual Revenue: $500,000
Net Profit: Not Disclosed
Cash Flow: $60,000
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: $60,000
Year Established: 2013
Employees: 2
BBN Listing #: 392754992
Broker Reference #: 16951969-NI

Email or Print Listing

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Business Overview:

This established franchise has been in this major mall in Wake County for a decade and was upgraded to a high traffic location in 2018. In 2021 the current owners bought it, but they now need to sell it due to a health issue. The business is cash flow positive and the owners live in another state.

Key Attributes:
- Cash Flowing
- Absentee Run
- Top Brand Contracts
- Premium Mall - Premium Location
- Upgraded Technology

The owners travel to Raleigh around once a month to check on the store but primarily run payroll and administration virtually. The store manager and shift supervisor run the day to day operations including opening/closing the store, making deposits, ordering/stocking inventory, and running social media campaigns.

The franchise offers incredible connections with top brands in the footwear industry, a proven business model, and world class support for franchise owners.

Step into this turnkey business model today!

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Property Features and Assets:

Premium location in the best mall in the Triangle.

Reason for Selling:

Health

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 a franchise resale opportunity.

Relevant Links:

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