File Number-#0657 | Location-Oakland County, MI. | Gross Sales-$164,311 | Cash Flow-$105,207 | Business Price-$140,000 | Down Payment-$60,000 | Monthly Payment-$2,506.91 | Interest Rate/Amortization-8% int., amortized over 36 months | License Required-Sales | Inventory Value-$25,000 | Employees Full Time-1(Owner) | Date Established-1986 | Hours of Operation-1986 | Rent-$1,700 Gross | Lease Period-12/2027 | Reason for Sale-Retirement
This is a great opportunity to own a long-established Shoe Repair Business in Oakland County. Established in 1986, this 1,700 sq. ft. store is located on a busy road surrounded by plenty of residential and commercial properties. Repairs offered include Shoe Soles, Heels, Luggage Bags, Handbags, Zippers, Equestrian, and Sports Equipment. Other Services provided include Leather work, Orthopedic work, High End Shoe and Purse Cleanings, Patch Sewing, Rip/Tear Repairs and so much more. Current owner does not advertise…a new owner/operator with some creative marketing/advertising along with networking with local medical professionals, opening on Sundays, expanding business hours, having an online retail presence, adding more inventory and opening additional locations, you have HUGE potential to the already solid cash flow! A must see/must have business that will not last long! Turn-key operation!