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