Shoe Repair - Established 60 Years - Hi Net Income

Los Angeles, CA
Los Angeles County


Asking Price: Annual Revenue:
$195,000 $230,000

Services: Non-classifiable


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RE: Shoe Repair - Established 60 Years - Hi Net Income Broker: Agent On Duty
License #: 01995716

Quick Facts

Asking Price: $195,000
Annual Revenue: $230,000
Net Profit: Not Disclosed
Cash Flow: $160,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1959
Employees: Not Disclosed
BBN Listing #: 252155232
Broker Reference #: 4658 NK

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Business Overview:

Shoe repair, hi net income, established 60 years, current owner 26 years!

Hi priced homes and many office buildings employing high salaried employees who wear expensive shoes.

Seller uses only the finest materials to repair their shoes and charges high prices.

Lots of repeat customers even from outside the state.

Major Expenses- 4,000, materials-500, utility-100, insurance-50, credit card fees-150.

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Reason for Selling:

Retire

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

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