Retail Business For Sale in Buffalo New_york

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Long-established Family-owned Children?s Shoe Store

Location:Buffalo, New York

Category:Retail

Asking Price:$199,000

  • Sales revenue : $517,000
  • Net profit : Undisclosed
  • Furniture/Fixtures value : $29,900
  • Inventory/Stock value : $145,000
  • Long-established Family-owned Children?s Shoe Store
  • Long-established Family-owned Children?s Shoe Store

Business description

A turnkey children’s shoe store that has earned the trust of the community over 22 years, providing expert knowledge for hard-to-fit children’s shoes. Highly experienced and trained staff. Very large and loyal customer base. Great high-traffic location with plenty of parking. Located in the middle of a large plaza that has a total of 91 businesses, 39 of which that are other retail stores!

Other Information

  • Is Business Relocatable?: N
  • Is Business Home Based?: N
  • Franshise Terms: N
  • Real Estate: 2,940 sq. ft. building. In large shopping center with many other retail stores and plenty of parking.
  • Competition: There is no competition in this market segment for 60 miles due to the closure of the Boulevard Mall Bootery and all company-owned Stride-Rite stores.
  • Expansion: Northtown store recommended due to demand from that area.
  • Years Established: 1996
  • Employees: 1 FT / 7 PT
  • Trading Hours: Mon-Sat 10am-8pm, Sun 12pm -4pm.
  • Support Training: The seller offers a minimum of 4 weeks of training to provide for a smooth transition.
  • Reason For Selling: Retirement
  • Lease Terms: Base Rent: 2018 - $27,095, 2019 - $27,637, 2020 - $28,190.
Klassen Ingalls
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