Shoe Store and Service

Oakland County, MI
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Asking Price:$599,500
Gross Revenue:$672,781
Established Year:1972
Cash Flow:$289,027
Rent:$9,600
BUSINESS DESCRIPTION

This is a great opportunity to own a long-established, extremely profitable Shore Store in Oakland County. Established in 1972,m this 2,340 sq.ft. store is located on a one of the busiest, highly-traveled rods with plenty of residential and commercial properties in the surrounding areas. This Shoe Store is well known for their higher end quality shoe selection and service. Specializing in dress shoes, ties, scarfs, belts, accessories and so much more. A new owner/operator with creative advertising/marketing along with opening on Sundays, expanding business hours, having an online retail presence, adding more clothing, accessories and opening additional locations, you have HUGE potential to the already solid high cash flow! A must see/must have business that will not last long! Turn-key operation! Seller will train and entertain all reasonable offers! Health forces sale.


DETAILED INFORMATION
Location
Oakland County, MI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,340
Employees
7
Reason for Selling
Health/Retirement
Franchise
This business is an established franchise
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Joe
Eadeh
Platinum Business Brokers
Joe Eadeh