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Listed by:

Maveno Business Advisors

Broker license number: BK3399403

Shoe Store In Miami, Florida For Sale

Miami, Florida, US
Asking Price:
$149,000 Furniture / Fixtures included
Sales Revenue:
$203,567
Cash Flow:
$76,886

Established retail shoe store located in the heart of Miami's bustling commerce district. Since 2016, this well-known store has been a fixture in the community with a loyal customer base. The spacious 3,000 square foot storefront is fully stocked with a wide variety of shoes for men, women, and children from various brands.

The store's prime location on a busy street with high foot traffic and ample parking makes it a go-to destination for shoppers in the area. An online presence and social media following may provide additional avenues for reaching customers beyond the local community.

This turnkey business is perfect for an entrepreneur looking to take over an established and profitable operation, with a track record of strong sales and profits. The current owner is willing to provide training and support during the transition period to ensure a smooth handover. Don't miss this opportunity to own a thriving retail business in one of Miami's most sought-after commercial districts!

Property Information

Real Estate:

Lease

Leasehold Rent:

$42,466 per annum

Location:

Retail storefront in high commerce retail district

Premises Details:

The showroom occupies 2,000 sq. ft. while the stock room, restroom, and private office occupy 1,000 sq. ft. of a 3,000 sq. ft. retail store located in the main road of the 20th Street Shopping District in Miami, Florida.

Size in square feet:
3,000

Business Operation

Expansion Potential:

The Seller has built a profitable brick and mortar retail business creating an excellent platform for developing the business' untapped potential for online sales.

Competition / Market:

Nearby competitors address specific categories while our Seller appeals to time-conscious customers by providing a convenience of one-stop shopping for the entire family.

Reasons for selling:

Owner is relocating

Trading hours:

M-S 10 am - 6 pm
Closed Sun

Employees:
1
Years established:
2016

Other Information

Support & training:

Seller will help with transition as agreed in Asset Purchase Agreement.

Furniture / Fixtures value:
$16,059 - included in the asking price
Inventory / Stock value:
$35,000
Relocatable:
This business can be relocated.

Listed by

Maveno Business Advisors

Broker license number: BK3399403