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Established neighborhood Shoe Store

Long Beach, CA
listing image
Asking Price:$350,000
Gross Revenue:$700,000
Rent:$6,300/Month
FF&E:$7,000
Cash Flow:$70,000
Inventory:$350,000
EBITDA:$700,000
Established Year:1959
Listing ID: 2316008Listing provided by BizBuySell
BUSINESS DESCRIPTION

Established successful shoe store

Recognized as an award winning shoe store with a reputation of selling quality comfort footwear.
Established in the community for over 65 years, serving generations of families in our local and surrounding communities.
We take great care in providing superior customer service in order to meet each customers individual need.
Top quality brands include: Mephisto, Finn Comfort, New Balance, Naot, Allen Edmonds, Samuel Hubbard, SAS, Wolky, ARA, Haflinger, Emu, to name a few.
Our brands are known for Artisan construction.

DETAILED INFORMATION
Location
Long Beach, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,300
Lease Expiration
01/12/2027
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All fixtures, equipment and inventory included in price.
Competition
Estimated growth of 15%
Growth & Expansion
Online potential of 20%
Financing
No
Support & Training
Up to 1 year training
Reason for Selling
Retiring
BUSINESS LOCATION
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richard bodell
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richard bodell
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