Seller's Contact Information
- RE: Shoe Repair Store-Specialized In Couture Footwear
- Contact: Quoc Pham
Quick Facts
Asking Price: | $175,000 | |
Annual Revenue: | $183,331 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $83,710 | |
Total Debt: | Not Disclosed | |
FF&E: | 100,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 2 | |
BBN Listing #: | 924044107 | |
Broker Reference #: | 76931-616439 |
Business Overview:
This shoe repair business was established in 1984 as a full service shoe, boot, belt, hand bag, and small leather goods repair center. Taught by his father who immigrated from Europe, the current owner is a third generation master craftsman with over 45 years of experience. This listed business prides theirselves on their worksmanship and their reputation which has been recognized multiple times through the years by the local news channels, the local newspapers and the awards won through the SSIA. This is a rare shoe repair operation that specializes in couture footwear. This store also has the ability to refurbish high-end hand bags as well.
There is a great opportunity to exponentially grow this business by adding satellite stores, adding pick up and delivery and shifting the focus back to retailer accounts that the current sellers just had no more energy for.
Owners are ready to retire and are looking for the right buyers to carry on their legacy.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
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:
Here are some of the similar listings you can choose from
Well Established Clothing Boutique
Successful clothing retail store in the Des Moines area.