Specialty Footwear Store with Great Reputation
This well-established specialty footwear retailer presents an exceptional opportunity in a thriving downtown district. Operating since 2022, the business has quickly built a strong reputation serving the growing Horry County market with popular brand footwear and exceptional customer service.
Financial Performance:
- Annual Cash Flow (SDE): $110,000
- Current Inventory Value: $100,000
- Asking Price: $300,000
Location & Facilities:
- Prime downtown location in a rapidly expanding area
- 4,000 square feet of retail space
- Monthly lease: $4,000 (expires June 9, 2027)
- No direct competition within surrounding areas
-Already established Accounts with popular brands: Hoka, On Cloud, Brooks, Saucony, Oofos, Birkenstock and many more.
Business Strengths:
- Established customer base with strong local reputation
- Experienced staff already in place
- Carries popular, in-demand footwear brands
- Commitment to exceptional customer service
- Strategic location in growing downtown district
Growth Potential:
The downtown Conway area is experiencing exponential growth, creating expanding opportunities for increased foot traffic and customer base development. The business is well-positioned to capitalize on this economic expansion.
Owner Support:
The current owner will provide 30 days of comprehensive training to ensure smooth transition and continued success.
Reason for Sale:
Owner seeks to spend more time with family, creating an opportunity for a motivated buyer to acquire a profitable, well-positioned retail business.
This turnkey operation offers immediate cash flow with significant upside potential in a growing market with minimal local competition.
NDA will be required to obtain additional financials and business information.
Ad#:2309078
