Shoe Repair for Sale in Queens County, New York
Queens County, NY

Financing: $250,000.00 Down and Balance of $140K @6% for 60 months

Reason for Selling:Relocating

Established 25-Year Service Business – Shoe Repair, Alterations & Locksmith | Seller Financing Available. Seller Will Train

Take advantage of this rare opportunity to acquire a well-established shoe repair, alteration, and locksmith business that has successfully served its community for over 25 years. This turnkey operation has built a loyal customer base, strong reputation, and consistent cash revenue, making it an excellent investment for an owner-operator or an entrepreneur looking to expand.

Business Highlights:

• Established 25 years
• Approximately 1,300 sq. ft. retail location
• Strong cash-generating business with loyal repeat customers
• Multiple revenue streams: shoe repair, clothing alterations, and locksmith services
• Over $100,000 in inventory included in the sale
• All equipment included value at $40K – start operating from day one
• One full-time alteration employee in place
• Seller is committed to a smooth transition and will remain for up to 2 months to train and assist the new owner
• Seller financing available: $250,000 down, with $140,000 financed at 6% interest for 5 years
• Gross Sales- $220,000
  Cash Flow- $150,000
  Monthly Rent-$3,800
  
  

This is an outstanding opportunity to acquire a long-standing, recession-resistant service business with established operations, loyal clientele, and immediate cash flow. Whether you're an experienced operator or looking to enter the service industry, this business offers a solid foundation with excellent growth potential.