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Orthopedic Shoe Practice for sale

Syracuse, New York, US
Asking Price:
$425,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$479,286
Cash Flow:
$255,340

DESCRIPTION:

  • An Orthopedic Shoe Practice located in Syracuse New York and in operation for over 30 years
  • This business Sells top-quality, name brand footwear, inserts and socks for foot care solutions to reduce pain and discomfort.
  • The Owner is currently the only employee working at this business
  • This business has an extensive and loyal customer base from over 30 years in business.
  • The facility this business is located in is a stand-alone building with 1,450 total square feet and with plenty of customer parking

Property Information

Real Estate:

Lease

Location:

Syracuse, NY

Premises Details:

1450 square feet for $1,552.71 a month.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:
  • A certified owner/employee in this industry is required to bill Medicaid, Medicare, and other health insurances.
  • Foot care is an expanding industry dealing with preventative medicine.
  • The business could expand by creating partnerships with physical therapists, podiatrists, or orthopedists.
  • The owner is willing to train the buyer in the management and future success of this business.
Reasons for selling:

Retirement

Employees:
1
Years established:
1993

Other Information

Support & training:

The current owner will do everything necessary to ensure a smooth transition of ownership.

Furniture / Fixtures value:
$20,000 - included in the asking price
Inventory / Stock value:
$20,000 - included in the asking price