Established Shoe Repair for SALE

Valley Stream, NY
Front of Business
Asking Price:$250,000
Gross Revenue:$180,000
Rent:$2,000/Month
FF&E:$10,000
Cash Flow:$120,000
Inventory:$90,000
EBITDA:$180,000
Established Year:2014
BUSINESS DESCRIPTION

This thriving, family-operated business has been a cornerstone of the community for years, offering expert shoe repair services along with a unique addition of buying, selling, and repairing jewelry. Renowned for its high-quality craftsmanship and exceptional customer service, the shop has built a loyal clientele that appreciates the personal touch of a family-run operation.

The business includes a well-equipped workshop, skilled staff, and a solid reputation in both the shoe repair and jewelry trade. In addition to offering traditional shoe repairs, it also specializes in custom shoe work, leather goods, and even restoring worn-out shoes to their original condition. On the jewelry side, the shop offers everything from watch repairs to ring resizing and jewelry restoration.

With a prime location and long-standing community relationships, this business is poised for continued success. The sale includes all equipment, inventory, and the opportunity to carry on the legacy of quality and craftsmanship. Whether you're looking to expand an existing business or step into a profitable new venture, this is a rare opportunity to own a beloved local institution.

Key Features:

Established, family-owned business with a loyal customer base.
Extensive shoe repair services and jewelry repair, buying, and selling.
Prime location with strong community ties.
Fully equipped shop with experienced staff.
Profitable and growing business model with significant room for expansion.
Take the next step in becoming the proud owner of this well-regarded local business and continue its legacy of exceptional service!


DETAILED INFORMATION
Location
Valley Stream, NY
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,000
Lease Expiration
01/03/2030
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This well-equipped facility with assets valued at $90,000. Included in this are $70,000 in premium materials, such as high-quality leather, rubber, shoe repair supplies, watch repair batteries, and bands. Additionally, the location features $20,000 worth of top-tier industrial machinery, all in excellent condition. This extensive inventory and equipment offer significant value, supporting the ongoing success and growth potential of the business.
Competition
The market for this shoe repair business is strong, with growing demand for footwear, leather, and high-end accessory repairs. Competition is limited, with few businesses offering these specialized services, creating a unique opportunity for growth. This gives the business a competitive edge and strong potential for expansion and customer loyalty.
Growth & Expansion
This shoe repair business offers significant growth potential, as it is one of the few in town providing such services. With a growing demand for apparel repairs and an increasing interest in high-end accessory restoration, the business is perfectly positioned to capitalize on these trends. As more customers seek quality repairs for their shoes, leather goods, and luxury accessories, this business has ample opportunity to expand its services and reach a wider clientele, ensuring continued success and profitability.
Financing
We are asking for a full buy out but are open to offers
Support & Training
We are committed to ensuring a smooth transition for the new owner. As part of the sale, we will provide 1 on 1 training for up to one month, covering all aspects of the business, including shoe and jewelry repair. Our goal is to equip the buyer and their team with the necessary skills and knowledge to continue the business’s success and ensure an efficient handover.
Reason for Selling
Looking to retire and join the rest of my family on the west coast

BUSINESS LOCATION
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Daniel Uvaydov
Daniel Uvaydov