Extremely Profitable Multi Location Shoe Retailer

Not Disclosed, FL
Broward County

North Broward/Central Palm Beach

Asking Price: Annual Revenue:
Not Disclosed $5,189,916

Retail: Clothing & Accessories

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RE: Extremely Profitable Multi Location Shoe Retailer Broker: Russell Cohen

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $5,189,916
Net Profit: Not Disclosed
Cash Flow: $170,072
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2005
Employees: 21
BBN Listing #: 72124955
Broker Reference #: 1043-17156

Email or Print Listing

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Business Overview:

This multi-unit retail chain 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. Stores are 12,000 and 7,400 square feet. 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 120,000 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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Reason for Selling:

Relocating out of the area.

Additional Details:

  • The property is leased.
  • 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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