Successful Little Rock Shoe & Leather Repair Shop

Little Rock, AR (Pulaski County)

Seller Financing Available
Shoe Repair
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Asking Price: $195,000

Cash Flow: $98,566

Gross Revenue: $348,838

EBITDA: N/A

FF&E: $28,000

Inventory: $3,500

Rent: $1,275 /Month

Established: 1992

Successful Little Rock Shoe & Leather Repair Shop

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Business Description

This shop has a long and successful history, and is only available because the owner is ready to retire. Well located in Little Rock, the business provides a valuable service to many long-time customers. There are lots of options for a new owner, depending on how you want to work in the business. The present owner performs about 25% of the repairs, but arrangements with other facilities to instead sub out the work are available.

The seller will assist in a smooth transition to a new owner. The business is a great opportunity to assist customers in saving money. Customers are glad to have their quality shoes, boots, and bags repaired to save on new purchases.

A qualified buyer may obtain detailed information by calling Roy Stephens at 501-225-7277 or emailing roy.stephens@sunbeltnetwork.com.

Detailed Information

Location:
Little Rock, AR
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,600
Lease Expiration:
6/30/2020
Employees:
3 FTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1,600 sq. ft. leased space
Financing:
Seller will consider some financing for a qualified buyer
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Retirement
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Erik de Renouard

Business Listed By:
Erik de Renouard

SUNBELT OF LITTLE ROCK

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