Profile: Shoe Repair - Price Recently Reduced - Owner Motivated!
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Jim Orth, Agent
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| Primary Phone: |
951-277-4002 |
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| Alternate Phone: |
None Given |
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| DRE Number: |
01438544 |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
10/22/09 |
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| Date Last Revised: |
10/22/09 |
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| BizBen Ad #: |
141556 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$85,000 |
| Down Payment: |
Call/Email |
| Annual Revenue: |
$101,000 |
| Annual Adjusted Net: |
$28,000 |
| Price Range: |
$0 to $100,000 |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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Long-Standing Shoe Repair Business; Same Ownership For 30 Years; 11 Years At Same Location. Long-Term, Loyal Customers With 90% Repeat Business And Virtually No Marketing. Excellent Location In Commercial Shopping Center Near Major Freeway In Tustin, California. Ralph’s Grocery The Anchor Tenant. Perfect For Owner-Operator.
Equipment Includes Eight Shoe Repair Machines, Replacement Value Of Approximately 25-30,000.
Year Established: 1978
Employees: 1 Full Time Employee With An Annual Payroll 21,000
Facility: 600 Square Feet At A Total Lease Cost Of 2,439 + Cam Of 557/Month, Expiring 12/09 With An Option To Extend For 5 Years
Price Includes: Furniture, Equipment And Tenant Improvements. Inventory Of Approximately 5,000 Not Included.
Support/Training: Seller Will Provide Training.
Reason For Selling: Retirement
Asking Price: 85,000
Gross Revenues: 101,000
Seller’s Discretionary Earnings: 28,000
For More Information On This Business Opportunity, Please Contact Jim Orth At 866/644.9516 Or J.Orth@sunbeltnetwork.Com.
Disclaimer: The Above Information Is Provided By The Seller. Neither Sunbelt Business Brokers Of Riverside Nor Its Agents Have Confirmed, Verified Or Audited Any Information Provided By The Seller And Broker Makes No Representation As To Its Completeness, Accuracy Or Reliability. Due Diligence Efforts Are The Responsibility Of The Buyer. Broker Encourages Buyer To Engage Competent Legal, Accounting And Other Professional Service Providers To Evaluate This Business.
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