Profitable Shoe Repair Business for Sale

Business description

Profitable full service shoe repair shop located in Clarksburg, WV has been in business for 75 years and has solid business. Annual revenues of approx. $90,000 provides current owner with annual salary of approximately $50,000. An industrious buyer would find ample opportunities to grow existing business. Owner wishes to retire or reduce hours but will work for/train buyer for as long as needed. Price is $125,000 for business and equipment and no terms or owner financing is available.

Property information

Real Estate:

Lease

Lease terms:

Flexible with current landlord; attractive lease rates

Location:

Prime street with busy traffic in small strip center

Other information

Expansion potential:

To be discussed further with potential buyers

Competition / Market:

No existing or anticipated competition

Support & training:

Current owner will train or work for the buyer for as long as the buyer desires. Owner desires to reduce hours and become semi-retired

Reasons for selling:

Owner desires to retire and reduce his hours

Trading hours:

7:00 am to 5:00 pm

Financing available:

No owner financing available

Furniture / Fixtures value:

$25,000 (included in the asking price)

Inventory / Stock value:

$1,000 (included in the asking price)