75 Years Specialty Shoe Store
Not Disclosed, NY Richmond County
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- RE: 75 Years Specialty Shoe Store
- Contact: Elliott Dweck
Quick Facts
| Asking Price: | $179,000 | |
| Annual Revenue: | $384,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $114,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $10,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1948 | |
| Employees: | 1 | |
| BBN Listing #: | 610464169 | |
| Broker Reference #: | 189597-880706 |
Business Overview:
Family owned since 1948, a third-generation shoe store accommodating all sizes, foot widths and specialty shoe needs. In addition to Orthopedic shoes, they have contracts with 10 private schools as their exclusive supplier for school uniform footwear, Business has extremely loyal customer base. The store currently does no advertising and does not accept health insurance as a form of payment. These 2 things in addition to soliciting more private schools present big upside opportunity for the new owner.
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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
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