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Women's Shoes & Accessories

Essex County, New Jersey

Asking Price: Gross: Cash Flow:
$75,000 $389,955 $94,038

Furniture and Fixtures Value:
$11,250 (included in the asking price)

Inventory Value:
$75,000 ( not included in the asking price)

Business Summary:
Award winning retail establishment selling women s shoes and accessories. Located in one of the most desirable downtown locations in the Tri-State area. Ideal for someone who has worked in the fashion industry and wants to pursue the dream of owning their own business. A sole proprietor who understands the business can earn a six figure income running this establishment. Owners willing to assist with purchasing for 6 months after the transaction closes. Financing will be considered for qualified buyers. For further information please contact Peter Markalunas at 908-851-9040 Ext. 272.

 
   
   
Year Business was Established: 2006
   
Number of Employees: 1PT  
   
Facilities / Terms of Lease: 900 sq. ft. store space with an additional 900 sq. ft. basement space – on street metered parking as well as a parking deck available. Three year lease starting July 2012. Security system, furniture, shelving, and computer system included in purchase price.  
   
Owner willing to finance: All cash  
   
Owner willing to train: Owners willing to stay on as consultants for 6 months to assist with inventory purchases.  
   
Reason for selling: Both owners have families and full time jobs  
 

 

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