Shoe Store & Repair
Listing Price: $449,999
- Asking Price: $449,999
- Gross Revenue: $511,112
- FF&E: $100,000
- Inventory: $449,999
- Rent: $7,498
- Established: 1972
Business Description
Family Owned & Operated
This shoe store has been family-owned and operated since 1972. It has been in its current location since October 2010, and the owner is retiring due to health issues. They sell a variety of men's shoes and accessories. Their services include shoe repair, restoration, sole repairs, and replacements. They are an authorized Mezlan shoe repair with over 15 years of experience.
The 2,360-square-foot building is located at one of the busiest intersections in Michigan. The lease is $7,498 Triple Net, and a new owner can grow the business by extending the hours and marketing to the community.
Mon-Fri: 9am-6pm
Sat: 9am-5pm
Sun: Closed
Detailed Information
Location: Oakland County, MI
Inventory: Inventory is not included in asking price.
Real Estate: N/A
Building SF: 2360
Lease Expiration: 2026-02-28
Employees: 4FT0PT
Facilities: This 2,360-square-foot business is located in a strip mall on one of the busiest intersections in Michigan.
Competition: There is no immediate competition in the area.
Growth & Expansion: Increasing store hours and marketing on social media and in the community can help grow the business.
Financing: Cash or Bank Financing
Support & Training: The seller is willing to train a new owner.
Reason for Selling: Retirement
Lease Info: Triple Net lease
- Listing ID: 54530
- BizBuySell ID: 2270433
