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Business for Sale Summary

Shoe Store - 22608

Business Type: special situations,new to market
Shoe Store
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Financial Information (non-confidential)

General Information
Asking Price $80,000 Down Payment $65,000
Gross Revenues $142,500 Lease Remaining Register Free to View
Owner’s Cash Flow $34,300 Number of FT Employees Register Free to View

Financing

$65,000 Down and 15,000 two years at 6%

Business Description

BUSY BROOKLYN SHOE STORE, PRIME LOCATION. Attractive new lighting brightens up the interior of this 750 square foot shoe store located in a high traffic area. In addition, the stock room has been renovated for more convenient access. Previous owner operated a successful shoe store at this location for 50 years. There is even a traditional shoe repair shop nearby, just down the block. A steady stream of customers seek the latest in unique, fashionable footwear, supplied by manufacturers from a variety of countries, including China. Efficient point-of-sale records including actual selling prices, daily transactions, revenue and inventory await your perusal. Store inventory is available for purchase under separate agreement. An experienced full-time employee assists the store manager and the owner checks in twice a week to see the business is running smoothly. This business is in good shape and ready for you.

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.