Specialty Footwear Retailer with Online Sales Growth Potential
| Asking Price: | $495,000 |
| Gross Revenue: | $1,600,000 |
| Cash Flow: | $240,000 |
| Inventory: | $185,000 |
Consistent Six Figure Monthly Revenue Throughout the Year
This multiple decade old establishment is one of the few providing a brick & mortar option for the product line in the Portland metropolitan area. Featuring strong, consistent gross annual revenues exceeding $1.6 million annually over the last three years, the store benefits from its high traffic location.
The product line which has a strong desire for personal assessment prior to purchase, serves men and women. In excess of 10% of revenues are generated from online sales. The company’s online sales have been proven and this channel is perfectly positioned for growth from a buyer who can effectively leverage digital marketing and effective supply chain management. Ownership readily acknowledges that significant room for growth exists by encouraging online purchases from historical customers and marketing product with inventory available for day of order fulfillment which cannot be found in rural areas in the region and nation.
