Profitable Shoe Repair Shop

Not Disclosed, UT
Utah County


Asking Price: Annual Revenue:
$375,000 $259,190

Retail: Clothing & Accessories


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RE: Profitable Shoe Repair Shop Broker: Mel Oppermann

Quick Facts

Asking Price: $375,000
Annual Revenue: $259,190
Net Profit: Not Disclosed
Cash Flow: $129,186
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 197850336
Broker Reference #: 15541-416631

Email or Print Listing

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Business Overview:

This is a great opportunity to own a busy shoe repair shop that needs a new generation to take care of its existing customers. In addition to shoe repairs, the business provides leather goods repairs, retail shoe sales, and fitting of diabetic shoes and orthotics. There continues to be high demand for this business’ services. This business fits the bill to run as a family enterprise.
The current owners have been in business for over 40 years and been in the same retail location for most of that time. The shop is located in a strip mall with ample parking, with visibility from a high traffic thoroughfare.
In addition to shoe repair and leather repair with a promised two-day turnaround time, the making and fitting of therapeutic shoes are a lucrative business provided that additional certification is obtained. Customers travel from Salt Lake County just for these services.
In addition to shoe repair and leather repair with a promised two-day turnaround time, the making and fitting of therapeutic shoes is a lucrative business . However, making custom shoes requires additional licensing. The customer base is much larger than just the local market because of these custom services, with some customers travelling from Salt Lake County just for these services. A large portion of the customers are baby boomers who are aging and need these specialized services. Fortunately, most new customers come through word-of-mouth and referrals from medical professionals. All other forms of marketing are largely untapped, which is a great growth opportunity for a new owner.

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Reason for Selling:

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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.

Relevant Links:

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