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Business for Sale Summary

Shoe Repair & Accessory Store on the UES - 31672

Business Type: apparel and accessory store,misc. retail/non-classifiable,misc. service/non-classifiable,repair services,shoe repair
Shoe Repair & Accessory Store on the UES
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Financial Information (non-confidential)

General Information
Asking Price $99,000 Down Payment $99,000
Gross Revenues $182,000 Lease Remaining Register Free to View
Owner’s Cash Flow $54,000 Number of FT Employees Register Free to View


$99,000 Down and Please make your best all down offer!

Business Description

After 40 years serving the shoe repair needs of this UES Manhattan neighborhood, the owner of this Shoe Repair & Accessory Store is moving back to his home country to retire. Another experienced shoe repair person will immediately understand the golden opportunity he has here. The rent is dirt cheap at $2,060/month for this desirable neighborhood location. Besides the loyal customers you will inherit, the store comes with all the machines that have dependably performed repair work over a long period of time. With a few more employees, a new owner could upgrade the store to quick service and be even more profitable. Historically, the store has only taken cash. By simply putting a point of sale processing system in place that allows customers to swipe, dip, or tap with every major credit card, you will see a marked improvement in sales and profits. Please become a premium member at www.vestedbb.com to obtain the address for listing 31672 and then feel free to discreetly pass by the location. Kindly do not ask for the owner, nor speak with any of the employees. Please contact the listing broker at 1-877-735-5224.

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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.