25 Year Shoe Repair Shop For Sale-Middlesex Co.
Not Disclosed, NJ Middlesex County
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- RE: 25 Year Shoe Repair Shop For Sale-Middlesex Co.
- Contact: 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 |
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 homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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