Shoe Store For Sale – Established Kids’ Footwear Franchise 001265
Price: $175,000
Location: Denton County, Texas
Industry: Retail/Clothing & Accessory Stores
Listing ID: 001265
Shoe store for sale! Established over 2 decades with consistent sales, this franchise shoe store for children is now available for acquisition! This shoe store was established in 2001 and later acquired in 2014 by the current owner. The business is located in a 2,600 SF space of a retail strip center placed next to a major highway and mall. The mall attracts high volumes of traffic from various parts of the DFW metroplex. This business is among the top family shoe-shopping experiences. There is an emphasis on customer service and shoes being carefully fitted prior to selling the shoes. A toy selection is available for sale featuring classic and durable toys. The majority of the customers are parents and grandparents with children from various parts of DFW, the remaining customer base consists of a wide mix of demographics. There are few competitors in the local area, but the personalized customer service and proper shoe fittings for children offered by this business allow it to stand apart from the nearby competition. There is some marketing in place through the website, social media platforms, and word of mouth. Additional marketing is needed to reach out to a younger crowd and reach areas outside of the immediate area. Currently, this business has one manager in place that helps with inventory ordering (for toys and other products) and daily operations, the current owner works part-time doing sales and handling mostly higher-level management including ordering seasonal shoe inventory, and bookkeeping. This business would be ideal for a potential owner with sales and marketing experience.
Down Payment: $43,750
Total Sales: $693,926
Cash Flow: $119,761
Inventory: $225,000 (Not Included in listed price)
FFE: $80,000 (Included in listed price)
Owner Financing: No
Franchise: No
Real Estate: No
Relocatable/Home-based: No
Reason For Sale:
Other business opportunities
Training & Support:
The owner will train for 2 weeks for a smooth transition.
Year Established: 2001
Employees: 3FT/4PT
Absentee Owner: No
Square Footage: 2,600 SF
Facilities Information:
This business is located in a 2,600 SF space of a retail strip center placed next to a major highway and right beside a mall. The mall that is placed next to it brings in huge amounts of foot traffic as well as caters to a similar clientele.
Competition:
There are other competitors within the local area but this business has been established for over two decades along with providing unique shoes while providing a higher tier customer service that is personable helping create relationships.
Potential Growth:
The business has much more room for growth as it carries a unique product that targets a niche clientele. Additional marketing is crucial to raise awareness of the brand's products as well as increase the store's visibility. Given the location of the store, more strategic marketing could be utilized to acquire more foot traffic from the mall as they share the same customer base.
Financing/Terms:
100% down at the time of closing or 25% Cash Down with SBA Financing Financing for Qualified Buyers with Industry Experience.
