Retail - Apparel & Accessory Stores | Retail - Miscellaneous Retail

Asking Price	$195,000	Inventory	$150,000*
Gross Income	$896,000	Real Estate
Cash Flow	$87,326	Year Established	1992
FF&E	$50,000*	Employees	2ft, 3pt

* included in the asking price

** not included in the asking price

PRICE DRASTICALLY REDUCED. OWNER WILL SELL OFF ALL INVENTORY OR OFFER EXISTING INVENORY AT REDUCED PRICES. OWNER CAN BE OUT BY JAN 31ST. OWNER IS VERY MOTIVATED AND WILL CONSIDER ALL OFFERS. GREAT OPPORTUNITY TO BUY A SUCCESSFUL BUSINESS AT A BARGAIN PRICE. Very successful Children’s Shoe Store located in downtown location on a very busy main street. Owner/operator has had steady growth in the store’s 16 year history. A turnkey operation known as the place to shop for branded children’s shoes, with many brands on limited distribution, not available to all competitors in the market. Brands include Nike, Jordan, Timberland, Adidas, Converse, K-Swiss, Puma, Reebok, Kenneth Cole and others. Has a loyal fashion urban following with families coming from surrounding areas. The store is very spacious with 20 foot ceilings and bench seating for 16 customers. Merchandise is beautifully presented on blonde wood slat walls with dramatic Brand identification. Merchandise is managed through Microsoft RMS providing the owner with up to date inventory information and management reports. There is a big opportunity to expand business to include women’s and men’s shoes in the existing space. The high ceiling makes it also possible to add apparel to the mix above the shoe presentation as an additional business opportunity. Stockroom has been expanded with the addition of a mezzanine which doubled the capacity. Owner is absentee, having started a new business in a non competing industry. Call Broker Paul Holveck at 908-851-9040 x277.

Facilities: All equipment and fixtures in good condition. Recent mezzanine built 3 years ago.

Competition: Limited distribution of brands protects business from competitors.

Growth/Expansion: Expand into women s and men s shoes.

Financing: None

Support/Training: 2 weeks to assist in the transition

Reason Selling: Start up a new business in another industry