DescriptionProfitable main street business with growth potential!
$55,000 Net Profit
Retail Shoe Store & Repair Shop|Semi-Absentee|Established 38 Years
Located in a busy shopping center featuring major anchor stores and excellent visibility from the main road. The shop benefits from steady foot traffic and virtually no competition in the surrounding area.
The store offers a unique combination of retail and repair services:
Retail: Specializes in fine imported footwear, primarily Italian-made shoes. The retail markup averages 2x cost.
Repair: Offers professional shoe and leather repair services, supported by three stretching machines and three stitching machines, all in working condition. Repair services typically achieve a 4x markup on cost.
The business currently employs one part-time shoe repair specialist. The owner is offering an extended training period to ensure a smooth transition, making this an excellent opportunity for someone with limited experience in retail or shoe repair. This is an ideal opportunity to acquire a profitable, turnkey business in a prime location with an established clientele, quality vendor relationships, and significant room for further growth.