(IN ESCROW) Shoe Cobbler, Alterations for SALE!

San Diego, CA (San Diego County)

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Asking Price: $49,000

Cash Flow: $40,000

Gross Revenue: $150,000

EBITDA: $135,000

FF&E: $25,000

Inventory: $5,000*

Rent: $2,100 /Month

Established: 2005

*not included in asking price.

(IN ESCROW) Shoe Cobbler, Alterations for SALE!

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Business Description

The business has been successful since opening 11 years ago. The services that they offer are, and not limited to:
Expert Shoe Repair Cobbler, professional clothes alterations, dry cleaning services, retail and supplies. The business location is key due to it’s high pedestrian and vehicular traffic, two 15-minutes parking are conveniently located in at storefront. Servicing both residential and business districts of Downtown, we are located with easy access from all major San Diego Downtown Freeways. Dry cleaner pick-up and drop-off location. NO overhead just profit!

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
911
Lease Expiration:
9/30/2019
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in downtown San Diego in the heart of the financial district. Paid public and street parking available. Back office and bathroom at the space. Commercial building with NNN lease. Landlord is aware business is for sale. Employee is not aware. Building was recently acquired by EMMES, large commercial investors and freshly renovated.
Competition:
There are non other established shoe cobbler in 92101 other than few mobile ones.
Growth & Expansion:
The wedding alterations business is growing and expanding in San Diego. San Diego is a city that hosts many destination weddings. The dry cleaning drop off business is also a growing one. Many large dry cleaners facilities are always looking to expand.
Financing:
NO
Support & Training:
Seller will train for 4 weeks, 4 days a week for 5 hrs each day.
Reason for Selling:
Change of address.
Business Website:
http://www.downtownshoebiz.com
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(from currently available funds)
 
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Jean Paul Schwarz

Business Listed By:
Jean Paul Schwarz

The Schwarz Group

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