MergerPlace

Shoe Retailer Broward

Florida (Broward)


  • Asking Price: $895,000
  • Gross Income: $476,167
  • Cash Flow: $82,445
  • Real Estate: Not Disclosed
  • Inventory: $1,000,000
  • FF&E: $7,000
  • Listing ID: #198741
  • Established: 1979
  • Employees:

Business Description

Retail sales of over the counter orthopedic footwear. They sell Birkenstock & Finn Comfort brands. Business originally opened by 3 orthopedic surgeons. Current owner's family has operated the business since 1982. Birkenstock products have brand customer loyalty for lifetime. The brands are international. Growth can be accomplished by online shopping through the website. An enormous inventory, easy access, lots of parking, could be relocated to a smaller retail location, additional brands could be added. Please refer to listing number 0101-75613 and advisor Michael Bush when inquiring.


Business Details

Primary Business Category: Retail Trade - Clothing
Location: Florida
County: Broward

Company Information

Year Established: 1979
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees:

Financial Information

Asking Price: $895,000
Gross Revenue: $476,167
Cash Flow: $82,445
FF&E: $7,000
Inventory: $1,000,000
Seller Financing Available: Yes

Property Information

Facilities:

Lease/Month: 5247 Square Footage: 3000 Building Type: Strip Center Terms & Options: Negotiable Expiration Date: 10/31/2017

Growth & expansion opportunities:

The Birkenstock product has very rare brand loyalty and is presently on the upswing. This business will grow.

Competition:

This store is miles ahead of most stores in the country as far as being ready for business.

Reason for selling:

Health issues

Support & Training:

Seller will train for three weeks at no additional cost

Contact Business Seller

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Business Listed By:

Michael Bush

Transworld Business Brokers