25 year shoe repair shop for sale-Middlesex Co.

NOT DISCLOSED, New Jersey

Asking Price $49,900 Year Established 1995
Annual Revenue $55,000 Reason for Selling Retirement  
Annual P/L Attention Scott Gibb
Annual Cash Flow $40,000 Listing Number 550058  
# of Employees 1 Business Category Retail: Clothing & Accessories

Business Overview:

Established 25 year Shoe Repair Shop for sale. Shop is located in prime downtown district with high traffic and visibility. Owner is the only employee and just started a new 10 year lease agreement. New owner will inherit a lease that is exceptionally low for it's location. Nearly 15k in repair equipment, 10k in inventory, and an average of 45k in SDE. This is a highly respected shop with a loyal customer base. Owner is looking to retire as soon as possible. This is a great opportunity for any individual with experience in shoe repair. Priced to sell, act quickly.

Property Features and Assets:

Market Competition and Expansion:

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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