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Shoe Repair & Accessory Store In New York County For Sale

New York County, New York, US
Asking Price:
$99,000
Sales Revenue:
$182,000
Cash Flow:
$54,000

After 40 years serving the shoe repair needs of this UES Manhattan neighborhood, the owner of this Shoe Repair & Accessory Store is moving back to his home country to retire. Another experienced shoe repair person will immediately understand the golden opportunity he has here. The rent is dirt cheap at $2,060/month for this desirable neighborhood location. Besides the loyal customers you will inherit, the store comes with all the machines that have dependably performed repair work over a long period of time. With a few more employees, a new owner could upgrade the store to quick service and be even more profitable. Historically, the store has only taken cash. By simply putting a point of sale processing system in place that allows customers to swipe, dip, or tap with every major credit card, you will see a marked improvement in sales and profits. Please become a premium member at www.vestedbb.com to obtain the address for listing 31672 and then feel free to discreetly pass by the location. Kindly do not ask for the owner, nor speak with any of the employees. Please contact the listing broker, Jay Goldman, to make an appointment to meet with owner. Jay can be reached.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-31672 for instant access to this business information.

Business Operation

Reasons for selling:

Retirement

Employees:
2PT

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

99,000.00 Down & Please make your best all down offer!

Furniture / Fixtures value:
$20,000
Inventory / Stock value:
$8,000