Listing #: 115-11006
Category: Service
  • Listed Price $ 67,500
  • Down Payment $ 0
  • Gross Sales $ 108,000
  • Total Income $ 60,000
  • Equipment/Fixtures$ 35,000
  • General Location Desert Hills
For more information contact:
Kim  Shuck
Office: (480) 607-4430
Cell: (602) 620-1404
Office Website

Alterations and Shoe Repair Business

Long-established, turn-key and nicely built out alterations and shoe/handbag repair shop. The business is located in a big shopping plaza at a busy intersection in North Phoenix/Carefree Area. The business is fully operated by a husband/wife owner team with extensive experience in these services. The ideal buyer would be the entrepreneur who desires their own operation and has the skill set to perform this service and absorb the owners’ responsibilities. Because of the excellent reputation and 5-star reviews, about 90% of the total business is form repeat and recurring customers including regular referrals from nearby drycleaner businesses. Sellers will help with buyer transition to ensure smooth customer shift to new owner. The buyer also has the option of either renting the space or buying the real estate at market value from the landlord.

Financial Information

  • Gross Sales:$108,000
  • Total Income: $60,000
  • Listed Price:$67,500
  • Down Payment $0

Financing:

Assets & Lease Information

  • Inventory: $1,500
  • Leasehold Improvements: $
  • Equipment/ Fixtures: $35,000
  • Base Rent: $2,000
  • Total Rent: $2,000
  • Rent Deposit: $0
  • Year Established: 2006
  • Square Feet: 1,000
  • Lease Ends: 4/2021
  • Lease Options: Yes
  • Categories: Service
  • Other Assets:

Additional Information

  • Full-Time Employees:1
  • Part-Time Employees: 1
  • Contract Staff: 0
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  • Training Period: 2 weeks
  • Special License Required:
  • Reason for Selling: Retiring

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.