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Listed by:

Transworld Business Advisors Charlotte

Long Established Shoe Repair Business For Sale

York County, South Carolina, US
Asking Price:
$40,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$58,084
Cash Flow:
$7,551

Long Established Shoe Repair Business with High Growth Potential!

Great opportunity for an owner/operator to step into this well-established shoe repair, leather repair and alteration business in prime York County SC location, with close proximity to high population South Charlotte metro area.

This business has been in operation for 22 years, 15 of which by the current owner and enjoys a loyal clientele.

The owner is looking to retire and this business is primed for a new owner to expand the business by increasing marketing and services.

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rent: $1,507.00

Square Units (Foot, Meter): 1,600

Lease Expiration Date: December 30, 2025, 9:00:00 PM

Terms Options: Renewal Option: Tenant shall have the right of first refusal for one five-year option, terms and conditions of said proposed renewal to be mutually agreed upon at time of negotiations. The right of first refusal for the option must be exercised in writing 120 days prior to the close of the term expiring.

Premises Details:

FF&E Overview:
Equipment = $37,200
Fixtures = $2,800
Furniture = $150

FF&E General Condition: Good

Business Operation

Reasons for selling:

Retiring

Trading hours:

Monday-Friday 9:00am-6:00pm, Saturday 9:00am-3:00pm

Employees:
2
Years established:
2001

Other Information

Support & training:

Number of Weeks Seller Will Offer Training: 3

Furniture / Fixtures value:
$38,650 - included in the asking price
Inventory / Stock value:
$2,707 - included in the asking price