MergerPlace

Retail Footwear/Dealership Store

New Hampshire


  • Asking Price: $350,000
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $175,000
  • FF&E: $45,000
  • Listing ID: #177033
  • Established: 1905
  • Employees: 2 FT/1 PT

Business Description

START A NEW BUSINESS, BECOME A DEALER IN NEW HAMPSHIRE owning a business opportunity in Berlin, Littleton and North Conway area. This 113 year old, world renowned and iconic AMERICAN FOOTWEAR COMPANY is on track to open over 200 new dealerships across the U.S. these next 5 years. Own your own retail dealership store selling America's best brands and having the support and expertise of 60+ years in retailing. With manufacturing plants here in the US, you'll have excellent service support, state of the art POS systems, proven process training, marketing and store design support and a very competitive internet approach. This is NOT A FRANCHISE so you have fee/cost savings. Family owned, so your operational success is personal to the Leadership Team. In order to learn more, all prospects must sign a non-disclosure agreement and provide proof of financial capacity before being introduced to the seller. NO EXCEPTIONS. Financing options exist. Tell us your geographic interest and we can show you other locations across the USA and Canada. Call David Kresge at 727-725-7090 for details.


Business Details

Primary Business Category: Retail Trade - Clothing
Location: New Hampshire

Company Information

Year Established: 1905
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 FT/1 PT

Financial Information

Asking Price: $350,000
FF&E: $45,000
Inventory: $175,000
Seller Financing Available: Yes

Property Information

Facilities:

Stores average 1500 square feet and are generally in busy, active and high traffic strip centers in major metropolitan areas and suburbs as well as smaller and more rural markets. The COMPANY provides strong support in business planning, site selection, lease negotiations and construction/build out. You'll feel like you're in Business FOR your self, but not BY yourself.

Growth & expansion opportunities:

All stores are located within marketing areas of approximately 50,000 people. Growth can come from opening additional dealerships as many have done or by expanding your store with a Mobile Store for direct to customer site sales. Company has a strong web presence and provides dealers with their own informational website. There are also many long established national accounts and large GSA contracts for dealers to tap into.

Competition:

There are a few other US brands of this kind of footwear but this is the oldest such company and the only one that still has manufacturing plants located in America's Heartland. This means efficient product support. They have a competitive internet offering that drives interested parties to the stores. The brand is recognized around the world and across the US as THE quality leader for this type of footwear.

Reason for selling:

New Dealerships for 113 year old company.

Support & Training:

Will train for 24 weeks @ no cost. The ideal prospect should have prior management experience. A grasp of basic marketing concepts is a plus. Small staffing requirements - 2 or 3 people per store - makes this an uncomplicated business to run. Company will teach you all you need to know about product lines as well as product features and benefits plus more. This is an ideal business for someone looking for a second career and who wants to be independent.

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Business Listed By:

David Kresge

Murphy Business Brokers