25+ year shoe repair shop for sale-Middlesex Co.

Not Disclosed, NJ
Middlesex County


Asking Price: Annual Revenue:
$49,900 $55,000

Retail: Clothing & Accessories


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RE: 25+ year shoe repair shop for sale-Middlesex Co. Broker: Scott Gibb

Quick Facts

Asking Price: $49,900
Annual Revenue: $55,000
Net Profit: Not Disclosed
Cash Flow: $40,000
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 1995
Employees: 1
BBN Listing #: 762159363
Broker Reference #: 88733-864807

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Business Overview:

Established 25+ year Shoe Repair Shop for sale. Shop is located in prime downtown district with high traffic and visibility. Owner is the only employee and just started a new 10 year lease agreement. New owner will inherit a lease that is exceptionally low for it's location. Nearly 15k in repair equipment, 10k in inventory, and an average of 45k in SDE. This is a highly respected shop with a loyal customer base. Owner is looking to retire as soon as possible. This is a great opportunity for any individual with experience in shoe repair. Priced to sell, act quickly.

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Reason for Selling:

Retirement

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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