Shoe & Leather Repair- $123,304 Annual Cash Flo...

Santa Clara County, CA

Asking Price: Annual Revenue:
$127,000 $273,518

Services: Home Improvement, Repair, Painting

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RE: Shoe & Leather Repair- $123,304 Annual Cash Flo... Broker: Helen Liu
License #: 01229641

Quick Facts

Asking Price: $127,000
Annual Revenue: $273,518
Net Profit: Not Disclosed
Cash Flow: $123,304
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1985
Employees: 1
BBN Listing #: 777559822
Broker Reference #: CAMPBCA001-N543

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Business Overview:

This acquisition opportunity is for a well-established, highly reputable 35-year Professional shoe and leather repair shop located in Santa Clara County that is priced to sell now. The company offers a full range of shoe & leather repair and/or reconditioning. The shop specializes in performing, repairs, reconditioning, and renewal of designer handbags and designer shoes with great care and quality materials. Western boot repairs and reconditioning services for exotic leathers are provided as well. This shop has built its reputation on outstanding customer service, the use of the finest materials, and competitive pricing. The owner of this company has demonstrated that the demand for these types of services is still strong and expanding. As he is approaching retirement age, he has chosen to work fewer hours and not hire employees. His financial records for the current store and prior stores prove what is achievable by just being open more hours and hiring additional staff. The retiring owner will offer training and transitional support to facilitate buyer’s success in the 100% acquisition of this business. Three weeks training at 30 hours per week included. Seller will consider working part time at a mutually agreed upon salary for an additional length of time if more training is required. Year Established: 1985 Years Owned: 35 Services Offered: On-Site & Mail-in Professional Shoe & Leather Repair, Reconditioning, and Renewal Equipment Included: Furniture, Machinery, and Equipment Current Value 8,781 Inventory Included Current Value: $1,700 Clients: Men, Women, Children, and Specialty Boutique Shops Facility & Lease: 790 Square Feet. Monthly Rent 1,442 Per Month. Lease Length 2 Years Personnel: Currently Just the Owner Hours of Operation: Wednesday 9-6, Thursday 9-6, Friday 9-6, Saturday 9-5.

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Property Features and Assets:

Real Estate License ID: 01229641

Reason for Selling:

Seller is retiring.

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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