Shoe Repair Shop
This is a great opportunity to own a long-established Shoe Repair Business in Oakland County. Established in 1986, this 1,700 sq. ft. store is located on a busy road surrounded by plenty of residential and commercial properties. Repairs offered include Shoe Soles, Heels, Luggage Bags, Handbags, Zippers, Equestrian, and Sports Equipment. Other Services provided include Leather work, Orthopedic work, High End Shoe and Purse Cleanings, Patch Sewing, Rip/Tear Repairs and so much more. Current owner does not advertise…a new owner/operator with some creative marketing/advertising along with networking with local medical professionals, opening on Sundays, expanding business hours, having an online retail presence, adding more inventory and opening additional locations, you have HUGE potential to the already solid cash flow! A must see/must have business that will not last long! Turn-key operation!
Rent
$1,700 Gross
Down Payment
$70,000
Lease Period
New Lease Required
Reference Code
0813
Inventory Value
$25,000
Monthly Payment
$2,506.91
Date Established
1986
License Required
Sales
Hours Of Operation
Mon-Fri 9am-6pm / Sat 9am-4pm
Employees Full Time
1 Owner
Employees Part Time
1
Interest Rate / Amortization
8% int., amortized over 36 months
Reason for Selling
Retirement
Financials
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