Long time established shoe repair shop

Eastpointe, MI (Macomb County)

Long time established shoe repair shop

Asking Price:$120,000

Cash Flow:$80,000

Gross Revenue:$200,000

EBITDA:$80,000

FF&E:N/A

Inventory:N/A

Rate/Sq. Ft.:N/A

Established:N/A

Long time established shoe repair shop

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Business Description

60yr old shoe repair shop. has been successful for many years. owner wants to move out of country. Great opportunity to own a business with high profitability. Sales can be increased with marketing to other dry cleaners. currently no dry cleaner accounts, just over-the-counter customers. Has 2 well trained technicians.

Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
2,000
Lease Expiration:
N/A
Employees:
2 ft
Facilities:
2000sf in major mall. rent 2320/m.
Competition:
A few competition.
Growth & Expansion:
Get more show repair orders by marking to dry cleaners.
Support & Training:
full training
Reason for Selling:
moving

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Shawn Baek

Business Listed By:
Shawn Baek

Global One Realty

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