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Business for Sale Summary

Queens Shoe Store - 12828

Business Type: retailing businesses,apparel and accessory store,general merchandise store
Queens Shoe Store
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Financial Information (non-confidential)

General Information
Asking Price $77,250 Down Payment $36,000
Gross Revenues $156,000 Lease Remaining Register Free to View
Owner’s Cash Flow $61,200 Number of FT Employees Register Free to View

Financing

$36,000 Down and

Business Description

This is a fabulous shoe store in a busy area of Queens County. The owner is including $150,000 worth of shoes in the sale. The new owner has the opportunity to also sell clothes. This sought after shop is in a great location with the train and bus close by. They have been in business for 30 years servicing their loyal clientele. Seller owns shoe shop next to this store which runs by itself with one worker. Seller is retiring and is only keeping shoe repair. This seller make absentee about $3000 a month after payroll. Sale includes snake skin and Italian shoes and boots huge inventory. Busy location come add more items.

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.