Specialty Retail Shoe Store- $158k Cash Flow- S...

St. Paul-Minneapolis-Twin Cities, MN

Asking Price: Annual Revenue:
$350,000 $544,226

Miscellaneous: Non-classifiable

Request More Information
Contact the Seller

RE: Specialty Retail Shoe Store- $158k Cash Flow- S... Broker: Sunbelt Business Advisors
Owner Financing is Available!

Quick Facts

Asking Price: $350,000
Annual Revenue: $544,226
Net Profit: Not Disclosed
Cash Flow: $157,977
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2001
Employees: 2
BBN Listing #: 933264538
Broker Reference #: MINNEMN003-46883

Email or Print Listing

Request More Information
Contact the Seller

Business Overview:

Well-established specialty retail/medical shoe company founded in 2001 by its current owner. This retailer specializes in medicinal and non-medicinal supplies for patients with chronic and everyday foot conditions stemming from plantar fasciitis to bunions and hammer toes. This already profitable medical/orthotic shoe store has established connections with local physicians and other local professionals and has a VA schedule on the GSA Library with great potential. Located in a highly visible area of northern Minnesota, this retailer ensures quality customer satisfaction which directly correlates to its loyal customer base. The reason for selling is retirement. However, if needed, the seller is willing to assist in specialty work for the new buyer on a part time basis. Currently, besides the owner, there is one part-time employee and one full-time employee who help the seller run the business on a daily basis. Seller financing is available to a qualified buyer with a down payment of $125,000. Terms are 6% interest for 120 months with a balloon payment at 60 months. Payments are $2,497.96 per month.

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.

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

Request More Information
Contact the Seller

BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!