| Asking Price |
$225,000 | Inventory |
$80,000 +/-** |
|---|---|---|---|
| Gross Income |
$600,000 approx | Real Estate |
|
| Cash Flow |
Not Disclosed | Year Established | 1936 |
| FF&E |
List Available* | Employees | 4-6 pt/ft |
* included in the asking price
** not included in the asking price
GREAT NAME BRAND APPEAL, WITH NO FRANCHISE RULES OR FEES! These Family Shoe Stores carry women's, men's, children's shoes and athletic footwear. Store carries TIMBERLAND, NIKE, REEBOK, ADIDAS, KENNETH COLE, NINE-WEST, ROCKPORT, K-SWISS, HARBOR FOOTWEAR, STACY ADAMS, ETC. Store is approx. 3,000 square feet with Digital Video Recorder system for security. Fully tech-supported Cam Data computer software inventory system included to manage the business with complete sales histories. A 1998 GMAC Cargo Van is included. All Fixtures and equipment are included with the business. Photos of the store provided upon request. Business has been run by an older, second generation Owner who is winding up a long career. A more ambitious and actively involved new owner could easily increase Gross Sales, Cash Flow and Profits.
Facilities: Store is approx 3000 sf. Beautiful large counter, comfortable store benches, free parking,cargo van, computer, inventory system, DVT and security cameras. Great location in Mall.
Competition: One of the very few family oriented full-service shoe stores in the region. Unlike most shoe stores, here customers can find men's, women's children's and athletic shoes all in one location. Great opportunity to take over existing supplier accounts and to carry in-demand lines.
Growth/Expansion: With active, imaginative management of the stores and cash flow by a new owner, this business could easily and quickly have substantial increased sales, growth and profits. New premium shoe lines can be added, and an internet site linked to the store with mail order service could also increase volume and cash flow.
Financing: Owner will consider some financing for qualified buyer
Support/Training: Approximately 4 weeks training and consultation, additional time negotiable.
Reason Selling: Second Generation Owner is 72 and ready to retire

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