Be your own boss, here is your chance to capitalize on the busy and local lifestyles of the downtown area. Lots of traffic, both auto and pedestrian, flowing by this business. This is a nice opportunity for someone looking to earn a good living as it is run currently. With some marketing and a little effort you could be earning a very nice living.
Seller has set this place up well. Goodwill is huge, reviews are excellent. Multiple revenue streams coming in from shoe repairs, shoe sales, dry cleaning and clothes alteration.
Gross revenue is approximately 10k-12k per month. A large percentage of revenue is cash, allowing for substantial savings on the cost of credit card transactions fees.
Seller states monthly net of $5000-$7000k
Seller will train and consult as part of the sale price. If you are looking for a nice change of pace from the daily grind of working for someone else, this is it.
Lease for this 911 square foot space is $1876 including CAM. The current term expires in June of 2014 with a five year option available.
Your total monthly expense are approximately 3k leaving a big bottom line number available.
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 34,318 | 66,417 | 355,261 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 20,599 | 38,447 | 151,879 |
| 2010 Persons Per Household | 1.47 | 1.58 | 2.19 |
| Median House Value | $448,700 | $493,942 | $479,053 |
| Income Per Household | $52,550 | $56,946 | $55,375 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 3,848 | 5,592 | 13,566 |
| 2012 Number Of Employees | 134,300 | 179,678 | 427,386 |
| 2012 Total Annual Payroll | $3,347,327,000 | $4,294,967,295 | $4,294,967,295 |
Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it. In some cases, foreward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business. Owning a business is a risky venture, but can also be a rewarding one. The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User. DRE License # 01339409.