Shoe Store, selling high quality brand name shoes

Cocoa Beach, FL
Brevard County


Asking Price: Annual Revenue:
$249,000 $221,389

Retail: Clothing & Accessories


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RE: Shoe Store, selling high quality brand name shoes Broker: Keith Lehmann
Owner Financing is Available!
With $ 90,000 down payment Seller will hold a note.

Quick Facts

Asking Price: $249,000
Annual Revenue: $221,389
Net Profit: Not Disclosed
Cash Flow: $99,418
Total Debt: Not Disclosed
FF&E: $17,500
Real Estate: Not Disclosed
Year Established: 1999
Employees: 2
BBN Listing #: 504155601
Broker Reference #: 53418011

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Business Overview:

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Shoe store at excellent location. Established for 22 years. Offering the major brands:

Birkenstock, Teva, Vionic, Taos, merrell and much more.
Pandemic proof. 2021 sales and profit the best in 22 years! And without many from the customer base of Canadians, snowbirds, Europeans and many other customers over age 65! The Brevard county area has a strong and unique future growth with major developments like the Space program, cruise industry and a new resort with proposed convention center.

Good business records, great lease. High profit %. A great location in paradise. This business is growing every year. Seller offers financing. Motivated seller. who is willing to negotiate and is flexible on the price.

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Property Features and Assets:

Very nice and inviting shoe store at a very good location. Located on a busy road in a plaza that offered fantastic rent.

Market Competition and Expansion:

Competition: No direct competition nearby. Growth & Expansion: Business is growing and adding more opening hours will certainly help to sell more. Seller is also technologically disadvantaged, leaving quite the opportunity to open up online sales.

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.

Documents:

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