Long Established Shoe Repair Shop

Gainesville, FL


Asking Price: Annual Revenue:
$200,000 $185,000

Retail: Clothing & Accessories


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RE: Long Established Shoe Repair Shop Broker: Joe DiBartolo
Owner Financing is Available!
Loan/Seller - Amount: $20,000 Months: 36 Rate: 5.00% Monthly Payment: $599.42

Quick Facts

Asking Price: $200,000
Annual Revenue: $185,000
Net Profit: Not Disclosed
Cash Flow: $95,000
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 1975
Employees: 2
BBN Listing #: 781218747
Broker Reference #: 7101730827

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Business Overview:

45-year-old established shoe repair in a great location with fantastic parking. Midtown next to UF campus with 55,000 students. A ton of residential surrounding areas low overhead high profits. Owner looking to retire. Please refer to listing number 7101730827, business broker Joe DiBartolo when inquiring on this listing.

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Property Features and Assets:

Lease/Month: $1,600; Square Footage: 1,000; Building Type: plaza; Terms & Options: 2 year; Expiration Date: 8/31/2022.

Market Competition and Expansion:

Non Compete : Miles: 3 Years: 36

Reason for Selling:

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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