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.