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RE:  Extremely Profitable Shoe Retailer Contact:  Russell Cohen

Quick Facts

Asking Price: $1,600,000
Annual Revenue: $2,370,533
Net Profit: Not Disclosed
Cash Flow: $351,261
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2005
Employees: 4
BBN Listing #: 72124955
Broker Reference #: 1043-17156

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Business Overview:

This retail store is a S. Florida institution. One of the country’s largest retailers and buyers of discounted high fashion shoes, jewelry, clothing, and accessories. Customers line up to get in.. Store footprint is 7,400 square feet of retail space. Suppliers love them because they are huge buyers of their in-season over stock. Shoes that retail at $50 - $100 at department stores are under $14.88 at these locations. Over 60,000 pairs in stock. The company doesn’t do any online business which is a massive opportunity as well as opening new locations. Owner can stay for lengthy transition, teach buyer, and willing to finance part for a qualified buyer.

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Property Features and Assets:

Assets = $350,000

Reason for Selling:

Retirement.

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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