MergerPlace

Customized Footwear w/Multiple Locations

Florida (Duval)


  • Asking Price: $650,000
  • Gross Income: $1,363,723
  • Cash Flow: $278,954
  • Real Estate: Not Disclosed
  • Inventory: $260,000
  • FF&E: $20,000
  • Listing ID: #218030
  • Established: 2004
  • Employees: 8

Business Description

Multiple locations. A growing segment with rising sales! Comfortable & customized footwear including arch supports for all ages. This well-established Franchise specializes in stylish & fashionable footwear that not only looks great but feels great. Great locations with good sales history with nearly $1.2M in Gross Sales at nearly 20% net. $260,000 of inventory included so this is a low multiplier of Adj Net opportunity. Minimal franchise fees. Excellent growth potential as the market grows with the aging population and health/fitness awareness. Established community and medical practitioner awareness. Ask the Broker about Medicare qualifications. Figures assume a full-time owner operator. Locations can be purchased separately. Please refer to listing 7101-776415 and advisor John Geiwitz when inquiring on this listing.


Business Details

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

Company Information

Year Established: 2004
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 8

Financial Information

Asking Price: $650,000
Gross Revenue: $1,363,723
Cash Flow: $278,954
FF&E: $20,000
Inventory: $260,000
Seller Financing Available: Yes

Property Information

Facilities:

Lease/Month: 6746 Square Footage: 3500 Building Type: Shopping Centers Terms & Options: Yes Expiration Date: 12/31/2024

Reason for selling:

Other

Support & Training:

Seller will train for 2 weeks at no cost.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

John Geiwitz

Transworld Business Brokers