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Multiple Locations Comfortable Footwear

Duval County, Florida

Asking Price: Gross: Cash Flow:
$650,000 $1,231,723 $244,639

Furniture and Fixtures Value:
$20,000 (included in the asking price)

Inventory Value:
$260,000 (included in the asking price)

Business Summary:
Multiple locations. A growing segment with rising sales! Comfortable & customized footwear including arch supports for all ages. This well-established Franchise specializes in stylish & fashionable footwear that not only looks great but feels great. Great locations with good sales history with nearly $1.2M in Gross Sales at nearly 20% net. $260,000 of inventory included so this is a low multiplier of Adj Net opportunity. Minimal franchise fees. Excellent growth potential as the market grows with the aging population and health/fitness awareness. Established community and medical practitioner awareness. Ask the Broker about Medicare qualifications. Figures assume a full-time owner operator. Locations can be purchased separately. Please refer to listing 7101-641661 and advisor John Geiwitz when inquiring on this listing.

 
   
   
Year Business was Established: 2004
   
Number of Employees: 3FT 3PT 2MGR  
   
Facilities / Terms of Lease: Lease/Month: 6746 Square Footage: 3500 Building Type: Shopping Centers Terms & Options: Yes Expiration Date: 12/31/2024  
   
Owner willing to finance: Loan/Seller - Amt: 175,000 Mos: 48 Rate: 6.00 Mo Pmt: 4,109.88  
   
Owner willing to train: Seller will train for 2 weeks at no cost  
   
Reason for selling: Other  
 

 

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