$2,500,000
Shop Service Shop
- Status: Available
- Price: $60,000
Lida Sadati
- License No:
- DRE #01825510
- Email:
- lida@lbaweb.com
- Office:
- (925) 932-2450
- Mobile:
- (925) 932-2450
Description
Prime location Shoe Shop Net income of $70,000.00
This is a high-end fashion and comfort retail shoe store and repair. Business
was established 32 years ago and in this location for the past 29 years. One Part time employee works 16 hours a week at $20/hour repairing the shoes. The markup for the repair services averages 4 times the cost. The retail side is imported shoes mainly but not limited to Italian shoes. The mark up for the retail shoes averages 3 times the cost. There are three stretching machines, and three stitching machines for the repair services. A year and half is left on the lease @ 3400 that includes the CAM charges. The rent adjust 3 to 4 % as the lease ends and stays the same for the duration of the lease.
Business Information
Ownership Type:
Sole Proprietorship
Year Established:
32 years ago
Year Purchased:
Business Type:
Retail
License(s) Required:
Business
Hours of Operation:
M-Sat 11-8
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4292
Date Available:
06/26/2023
Reason For Sale:
relocating
Financial Information
- Annual Total:
- Revenue:
- Annual Net Income:
- Inventory:
- Monthly Payroll:
Lease Information
- Base Rent:
- Lease Expires:
- Lease Option:
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
Contact Us
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