Retail Shoes Handbags & Accessories Business For Sale

Business description

This retail franchise was established in 2005 and has exceeded all expectations! This company worked diligently for two years with top designers in order to obtain the exclusive rights to carry their products in the store. To purchase the designer selections this franchise carries, one would have to shop at Neiman Marcus, Saks, Nordstrom’s and others combined. This business has a well established Internet presence and high name recognition. This is an award winning franchise, both nationally and locally. This store is frequented by celebrities and sports figures including; Terri Hatcher, Kate Beckinsale, Joe and Jennifer Montana, Farrah Fawcett, members of Metallica and Motley Crew to name a few. Last year the store enjoyed 1.2 million in Gross sales and anticipate continued growth. To learn more about this amazing business opportunity, please contact one of our representatives today!

Property information

Real Estate:

Lease

Location:

This leased facility has 1 level. This structure was built in 1950 and was recently remodeled adding 700 square feet of warehouse space and 300 square feet of inventory space. Downtown city street frontage with high traffic and good visibility make this a great location for this business.

Other information

Expansion potential:

Growth and expansion can be attained through opening additional stores. Additional growth is possible through additional national advertising, additional services and additional product offerings. One such service is a mobile shoe/handbag concierge service; for those who do not have time to travel to the store directly. An option exists to add upscale clothing to the store thus, increasing revenue without adding any additional operational costs or staff. Changing the store layout will allow ample space for adding clothing. The warehouse is also space that could be leased out for additional income without additional cost.

Competition / Market:

There is very little competition in this area.

Support & training:

Owner agrees to stay through a reasonable transition period.

Reasons for selling:

Commercial Real Estate Pursuits

Financing available:

There is a possibility for some owner financing for the right buyer.

Furniture / Fixtures value:

$250,000

Inventory / Stock value:

$425,000

Contact the seller

For more information about this business for sale, click the Contact Seller button.

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