This business is a very successful line of beautifully designed women’s fashion footwear and accessories sold at reasonable prices in two branded retail locations in Manhattan. Founded more than twenty years ago, the shoes are designed by the owner and manufactured in Italy. Shoe styles include high heels, medium and low heels, flats, boots and sandals. Accessories include handbags, evening bags and totes. Revenue is generated from three sales channels: brick and mortar retail, online & catalog sales and wholesale with sales of almost $250 per square foot.
Retail space in two mixed-use residential/commercial buildings plus separate storage. Stores are 1,000 ($13,943.20) and 600 ($27,226.71) square feet. Storage 1,000 square feet. Leases are expire in 2021 and 2027.
- Asking Price:
- $6,900,000 (USD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $3,940,569 (USD)
- Cash Flow:
- $1,279,239 (USD)
Business Operation
- Reasons for selling:
-
other interests
- Trading hours:
-
Monday-Friday 10am-7:30pm, Saturday 10am-6:30pm, Sunday Noon-6:00pm
- Employees:
- 11
- Years established:
- 1999
Other Information
- Support & training:
-
4 weeks
- Furniture / Fixtures value:
- $70,000 (USD) - included in the asking price
- Inventory / Stock value:
- $1,000,000 (USD) - included in the asking price
