Long Established Shoe Repair Business with High Growth Potential!

York County, SC
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Asking Price:$40,000
Gross Revenue:$58,084
Rent:$1,507
Established Year:2001
Cash Flow:$7,551
Inventory:$2,707
FF&E:$38,650
BUSINESS DESCRIPTION

Great opportunity for an owner/operator to step into this well-established shoe repair, leather repair and alteration business in prime York County SC location, with close proximity to high population South Charlotte metro area.

This business has been in operation for 22 years, 15 of which by the current owner and enjoys a loyal clientele.

The owner is looking to retire and this business is primed for a new owner to expand the business by increasing marketing and services.


DETAILED INFORMATION
Location
York County, SC
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,600
Lease Expiration
30/12/2025
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease Terms Options: Renewal Option: Tenant shall have the right of first refusal for one five-year option, terms and conditions of said proposed renewal to be mutually agreed upon at time of negotiations. The right of first refusal for the option must be exercised in writing 120 days prior to the close of the term expiring. FF&E Overview: Equipment = $37,200 Fixtures = $2,800 Furniture = $150 FF&E General Condition: Good
Support & Training
Number of Weeks Seller Will Offer Training: 3
Reason for Selling
Retiring
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Scott
Pool
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Scott Pool