Diabetic and Orthopedic Shoe Store

DESCRIPTION:

• A Diabetic and Orthopedic Shoe Store with Building and Property for lease or purchase

• This business Sells top-quality, name brand footwear, inserts and socks for foot care solutions to reduce pain and discomfort.

• There is a general manager who is certified in this industry and is willing to stay on for the buyer of this business

• This business has an extensive and loyal customer base of over 20,000 names from being in operation since 1991

• A staff of four assists the owner in the operation of this business.

• The facility of this business is in a stand-alone building with 2,400 total square feet and with plenty of customer parking 

ASSETS/FIXTURES/EQUIPMENT: Included in the asking price:

• Equipment, furniture and fixtures at a fair market installed at the value of $ 45,000

• Inventory at cost of over $ 50,000 

LEASE/PURCHASE OPTIONS:

• The Buyer of this business will be offered a 3–5-year lease at a gross rent of $ 2,400 a month

• The Buyer will have the option to purchase the building and real estate at the asking price of $ 395,000

 INCOME AND SDE:

                                   2025                2024                    2023                 2022

Income:    $ 427,167        $ 466,517             $ 502,045         $ 506,276

SDE:         $ 102,374        $   82,924             $   68,418         $ 119,366

The SDE shown above reflects the buyer of this business renting the existing location at $ 2,400 a month      

ASKING PRICE: 

     The Asking Price of the business is $ 235,800      There may be some sellers financing a well-qualified buyer.

COMMENTS:

             The buyer of this business does not need to be certified.as long as an employee is certified there

• Foot care is an expanding industry dealing with preventative medicine.

• The business could expand by creating partnerships with physical therapists, podiatrists, or orthopedists.

• The owner is willing to train the buyer in the management and future success of this business.