Successful Branded Specialty Shoe Stores - Two
Location:
United States
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California
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Southern California - All Southern California
Industry: Retail > Clothing and Footwear Retail
Business Summary
Absentee owner opportunity. This turnkey business is considered as a destination to buy the most ''Cool'' casual men's and women's branded specialty shoes in Los Angeles and Orange County. It is well known in its industry and has an exemplary reputation for quality shoes with a large choice, unique presentation, popular price and excellent customer service. Presently these stores are owner operated but this business has the management in place for an easy transition to an Absentee Owner. The sales in the retail Mall stores are still good, even in this down economy, and profits are stable. The Internet retail store is increasing it's sales and there is no end in sight to its potential growth. The owner-operated E-Commerce aspect of this Business has valued customers both internationally and throughout the United States. It has a great following among the trendy in New York, Chicago and California. The Company has proprietary products with exclusive rights to sell its products. The owner is presently experiencing health issues which is the motivation for the sale of this great company. This is an extraordinary chance to own a cutting edge company for a reasonable price with an established customer base. The Stores are located in the most prestigious Malls in Southern California. Contact for more information on these Shoes Stores for sale.
Financials
Asking Price Range: $500K - $1.0M
Gross Revenues:
$3,300,000
Cash Flow:
$280,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $130,000
Seller Financing: Yes
About The Business
Year Established: 2002
Number of Employees: 10 - 19
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Owner is flexible.
Reason For Selling: Health issues.
Click on the "I'm Interested" button above for more information on this Retail > Clothing and Footwear Retail business for sale.
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Print Listing Id: 700106182
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