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Make an offer on this Profitable Athletic and Dance Shoe Store

Listing Number: 87453-505557

Description

Make an offer on this Longtime favorite and well known for comfortable shoes, fashion, athletic and dance. The owner/operator has stayed on top of the latest footwear trends among quality brands in the industry and made customer service a hallmark of the business since 1978. Local patrons recognize this store as the “best shoe store” in the area with a legacy award for contributions to the community. Tourists and vacationers return annually to shop.

Price$895,000 *Asking price will decrease as inventory decreases.
Inventory $425,000 **wholesale cost.

Equipment includes:

2 Websites, operating supplies,climate controlled storage,panel truck for onsite billboard,etc $57,000.

Asking price. $895,000 FFE&E 57,000 Inventory.$450,000
Financing $595,00,000 Interest-5% 60 months..Support and training onsite....email ,text, on call for 80+ hours.

Brands include ON, Aetrex, Brooks, Olukai, Oofos, Cobian, New Balance, Arcopedico, Taos, Alegria, Dansko, Onex, Florsheim, Johnston & Murphy, Coast, Kelaci, Mariana, and more. Brands are updated seasonally, and annual sale events keep products moving.

Listing Details

  • Price: $ 895,000
  • Down Payment: $300,000
  • Sellers Discretionary Earnings: $ 322,455
  • Total Sales: $ 1,285,891
  • Location: Horry County, South Carolina

  • Inventory: $ 450,000
  • FF&E: $ 57,000
  • Employees: 4
  • Year Established: 1978
  • Reason for Selling: Retirement
  • Category: Shoes/Footwear
Make an offer on this Profitable Athletic and Dance Shoe Store

Business Listed By:

Darlene Byer
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