1. Home
  2. Businesses for Sale
  3. New York
  4. Shoe Repair

Business for Sale Summary

General Merchandise Store - 25694

Business Type: retailing businesses,apparel and accessory store,jewelry store,misc. retail/non-classifiable,special trades,special situations,assets only sale,best deals!,must sell/drastic price reduction!,seller financing available,general merchandise store,shoe repair
General Merchandise Store
Get Instant Access to the Business Financial Information

Take Action

This Listing Has Not Been Added to Your Portfolio Add this listing to your portfolio to view confidential financial info
View Financials Free Get the Address Click Here
*Some information is only available to registered members. Please login or register to view confidential information.
This business has received 20 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $85,000 Down Payment $60,000
Gross Revenues $185,000 Lease Remaining Register Free to View
Owner’s Cash Flow $65,000 Number of FT Employees Register Free to View


$60,000 Down and NEGOTIABLE

Business Description

SHOE, JEWELRY, AND WATCH REPAIR SHOP FOR SALE IN MANHATTAN, UPPER EAST SIDE FOR SALE RIGHT NOW TO THE BUYER WHO WANTS TO BUY A BUSINESS WITH AN ESTABLISHED CLIENTELE, LOW RENT, AND SELLER FINANCING!!! That?s right perfect location with thousands of customers walking by this business every single day. In fact, a customer just walking by took the time to say, ?I've been looking for a boot repair shop for quite some time since I messed up my knee high zip ups in Germany. I found this place while on my way to the bank and checked in and asked how much it would cost to repair my shoes. It was $25 dollars for a pair of 14" knee highs and when I brought them in he asked if I wanted them polished up for an extra $3. Why not? I dropped them off Thursday afternoon and was told they would be ready by Tuesday. When I picked them up and studied the shoes; they looked shiny and brand new and you couldn't even tell by the stitching that they were taken out and repaired. I definitely liked this place since they accept credit cards, the service, and my friend remarked how clean and organized it was. She said most shoe repair shops have a bunch of clutter all over the place but this was spotless and she was impressed.? This location cannot get any better than this teaming with customers coming and going to work and local residents in one of New York?s most upscale areas. The lease payment is only $6,200.00 per month WITH HEAT, WATER, AND PROPERTY TAXES INCLUDED FOR THIS 970 SQUARE FOOT BUSINESS!!! The seller only pays electric and cable, and that?s it! Even though there is 4 years left on the assignable lease, the landlord will negotiate a new 10 year lease. The seller has been established for many, many years and it is now time for the seller to retire, but the seller will stay on to train as long as necessary, and the one employee wants to stay on as long as possible. NOTICE TO ALL NEW YORK CITY, MANHATTAN BUYERS WHO WANT TO OWN A SHOE, JEWELRY, AND WATCH BUSINESS FOR LITTLE TO NO MONEY, LOW RENT AND EXPENSES, SELLER FINANCING, AND ALL OF THE INVENTORY AND EQUIPMENT INCLUDED?TODAY IS YOUR DAY. RIGHT NOW TO MAKE THIS DEAL WORK FOR YOU!!! The seller is accepting all offer for review for QUICK SALE and CLOSING. Call the broker of this great business at 1-877-735-5224 for further information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.