Seller's Contact Information
- RE: Leather, Shoes, And Luggage Repair By Craftsmen
- Contact: Larry Goldstein
- License #: S.0188852
Quick Facts
Asking Price: | $395,000 | |
Annual Revenue: | $695,049 | |
Net Profit: | $152 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | 40,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1995 | |
Employees: | 9 | |
BBN Listing #: | 76175142 | |
Broker Reference #: | 101-21482 |
Business Overview:
SBA Pre-Qualified Financing! Own a Semi-Absentee Shoe, Leather Goods and Luggage Repair for $66,000 Down
One-of-a-kind shoe, leather goods and luggage repair business with loyal Las Vegas luxury retail and entertainment clients. Semi-absentee owner works 5 hours per week.
Employees are craftsmen with years at this business. Operations include a General Manager. Business is fine tuned for a turnkey operation, profitability increased 15% in 2022.
Customers include retail and commercial accounts – Las Vegas luxury retailers and entertainment performers.
This business is ready to grow with a new owner developing a web application to add nationwide services.
For quickest response to your inquiry, please call listing broker Larry Goldstein (RE# S.0188852; Business Broker Permit# BUSB.0007059) at 702-546-8844 or email larryg@fcbb.com
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Property Features and Assets:
This is a leased location of 3,650 square feet with a Total monthly rent of $5,196. Lease ends 05/2024. Seller is active with 8 Full Time employees and 1 Independent contractor. Hours of operation are 9am-6pm Monday to Friday. $30,000 in inventory and $30,000 in FF&E included in the asking Price. Business license required.
Reason for Selling:
Other business interests.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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