MergerPlace

Profitable & Est. Fashion Shoe

Florida (Miami-Dade)


  • Asking Price: $400,000
  • Gross Income: $598,165
  • Cash Flow: $70,027
  • Real Estate: Not Disclosed
  • Inventory: $400,000
  • FF&E: $50,000
  • Listing ID: #223518
  • Established: 1988
  • Employees: 3 PT

Business Description

Reason for Sale: Retiring- Profitable & Established fashion shoe store in Aventura. Since 1988 this retail shoe store has been selling ladies fashion footwear & accessories handbags. Great location in highly desirable Aventura shopping center w/ Nat'l anchors & many prominent retail businesses. Seller carries top brands like Jeffrey Campbell, Moschino, Stuart Weitzman, Arche & many more. Below market lease extends to 2022. 3 experienced employees with long tenure. $400k worth of inventory included in the sale. Owner benefit $70k for a working owner. Should qualify for VISA. 2019/2018/2017 tax returns on file + 3- W2 employees on payroll. Verifiable books & records. Seller travels to 3 trade shows to source all merchandise.


Business Details

Primary Business Category: Retail Trade - Clothing
Location: Florida
County: Miami-Dade

Company Information

Year Established: 1988
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3 PT

Financial Information

Asking Price: $400,000
Gross Revenue: $598,165
Cash Flow: $70,027
FF&E: $50,000
Inventory: $400,000
Seller Financing Available: No

Property Information

Facilities:

Lease extends to 11/30/2022- Rent $8900/mth-2600 sq ft-Great Aventura Shopping.

Reason for selling:

Retiring.

Support & Training:

Will train for 4 weeks @ no cost

Contact Business Seller

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Business Listed By:

Russell Cohen

Murphy Business Brokers