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Extremely Profitable Shoe Retailer
Not Disclosed, FL
PALM BEACH County
Central Palm Beach
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| Asking Price: | Annual Revenue: |
| $1,600,000 | $2,370,533 |
Retail: Clothing & Accessories
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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
Relevant Links:
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