High-Grossing Specialty Sneaker & Apparel Store – Long Island
$1.7M Gross Revenue | $320K Net Income | Prime Mall Location | Absentee-Run
Here’s your chance to own one of Long Island’s busiest and most recognizable specialty sneaker and streetwear stores, located in a high-traffic shopping mall with prime placement. This store is generating an impressive $1.7 million in annual revenue while being run completely absentee—presenting a major opportunity for a hands-on operator to step in and drive profitability even further. The current owner resides over three hours away from the facility and, due to family obligations, is no longer in a position to actively manage or grow the business. They strongly believe that a more hands-on operator who is local or more engaged in day-to-day operations could significantly scale the business and take full advantage of its untapped potential.
Business Highlights:
$1.7M in annual sales – consistent performance year-over-year
$320K in net income – fully staffed with minimal owner involvement
Absentee-operated – great team and systems already in place
Premium mall location – one of the best spots in a major shopping center
Strong brand mix – in-demand sneakers, limited releases, and curated apparel
Loyal customer base and steady foot traffic
Clean financials and scalable business model
Growth Potential:
Owner-operator can reduce payroll and increase net income significantly
Expand e-commerce presence and social media reach
Add exclusive drops, memberships, or sneaker cleaning/resale services
Explore multi-location or franchise potential
This is a turnkey, cash-flowing business in a booming retail category with a built-in audience. Whether you're an experienced fashion retailer or an entrepreneur passionate about sneakers and streetwear, this is a rare opportunity to step into a profitable, established operation in a premium Long Island mall.
Serious inquiries only. NDA and proof of funds required for financials and confidential tour.
Ad#:2417867
