Shoe Store

Not Disclosed, UT

Wasatch Front

Asking Price: Annual Revenue:
$220,000 $370,585

Retail: Clothing & Accessories

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RE: Shoe Store Broker: Elizabeth Bellit
Owner Financing is Available!
Some seller financing is negotiable for a qualified buyer.

Quick Facts

Asking Price: $220,000
Annual Revenue: $370,585
Net Profit: $49,632
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $22,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 2
BBN Listing #: 92134931
Broker Reference #: Not Disclosed

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Business Overview:

This specialty shoe store sells a variety of footwear and accessories to employees of some of the valley’s largest companies. The store opened in 2017 in a busy commercial area with great access and visibility. The revenues have grown since first opening and now average over $30,000 a month. The financial information shown reflects the first full year of operation (2018).

The current owner spends very little time in the store. A full-time operator will have an opportunity to grow sales and profits. Purchaser will need to qualify with corporate to become a dealer, however there are no transfer fees. Some seller financing is negotiable for a qualified buyer.

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Property Features and Assets:

Approximately 1,399 square feet in strip mall.

Reason for Selling:

Downsize form 2 stores.

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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