Shoe Store & Repair

Reference Code 0448

This is a great opportunity to own a long-established, extremely profitable Shoe Store in Oakland County. Established in 1972, this 2,340 sq. ft. store is located on a one of the busiest, highly traveled roads 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!

Business Location Oakland County, MI
Gross Sales $672,781 Cash Flow $289,027 Business Price $599,500 Down Payment Cash/SBA/Bank Financing License Required Sales Inventory Value $650,000 Employees Full Time 7 Date Established 1972 Hours of Operation Mon-Fri 9am-6pm / Sat 9am-5pm Rent $9,600 Gross Lease Period 2027 Reason for Sale Health/Retirement


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