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Successful Established Shoe Repair Shop for SALE

Listed In Category: Business / Commercial > Business For Sale
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Ad Information
Classified Id HDKSXVMZ
Asking Price $ 100,000.00 USD per item
Quantity 1 item 
Tax Taxes are not applicable
Shipping & Handling
Seller will ship to the United States Only
Shipping cost is not applicable
Payment Terms
Payment in advance only
Seller accepts:
Cash  
Renewed Date09-Apr-2018 07:16:49 AM EST
Expiration Date 08-Jun-2018 07:16:49 AM EST
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Seller Information
Germanshepherdcrazy member since 15-nov-2007
Visit my store  Visit this seller's store
View Knoxville Classifieds Knoxville, Tennessee, USA Phone:(865) 274-9934
Please only contact the seller if you are interested in buying or bartering for this item. Spam and fraud will not be tolerated.
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Classified Details
  If you are wanting to HELP me sell my business, DO NOT CALL! I already have a broker.

On March 12, 2018 we will celebrate 35 years as a successful, thriving Mom & Pop family business. This business has provided the means for us to become financially secure, and we plan to retire by the end of this year to travel. For the right person, this is a golden opportunity to be your own boss and provide a good living for you and your family. We made a small alcove in the business into a nursery, then later converted it into a playroom. Our son has always had his own space, and access to both parents 24 hours a day. Work your business, raise your child, home school if you wish, and even bring the family dog, we did! The small business American Dream is possible for you too!

Our shop is located in a small strip mall, just off the west end of I-640, which is the main bypass around Knoxville. (I-40 goes right through the middle of the city.) We are within 3 miles of downtown Knoxville and the University of Tennessee. The famous Smoky Mountains are within 45 minutes driving distance of our store. The greater metropolitan area, (Knox, plus the surrounding 8 counties), boasts a population of 857,585 according to a 2014 survey. The cost of living is very reasonable here and there is no state income tax. The people are friendly, and the climate is generally moderate during all four seasons. It's a GREAT place to work, live, and raise a family.

There are currently only 4 other shops in Knoxville, and our customer base includes quite a large number of people from the surrounding counties, most don’t have repair shops. Walk in traffic usually keeps us backed up enough to promise work 14 to 21 days out from drop-off. And we have a LARGE corporate account that generally provides a FULL two day’s work each week. We’ve had to dedicate two days weekly to get this work done. (This account pays VERY well!) We have required 50% deposit for the past 30 years at the time work is left, and we provide a 5% discount incentive to customers who are willing to pay in full at drop-off. Most customers are thrilled to take advantage of the discount, so we have a healthy cash flow without having to wait for the work to be picked up. Business here is good, we have earned enough to retire and buy a motorhome to tour the United States.

The price we are asking includes all retail stock, repair inventory, machinery & fixtures, (the value of these items is higher than the asking price). We also have at least the last 5 years of customer information on file, (names, phone numbers, & work performed). If desired, we are willing to assist the new owner for a short agreed upon period to learn the ins and outs of operating a business on their own, (machinery maintenance, inventory restocking, bookkeeping and government forms, etc.), and help them get off on the right foot. (Pun intended, LOL)

We are advertising outside our local area in order to find an EXPERIENCED repair person ready to strike out on their own. If purchase of our business sounds interesting to you, please CALL to inquire further. NO TEXTS, NO MESSAGES, NO EMAILS. My phone is on and answered 7 days a week from 8 AM to 8 PM Eastern Time Zone. (865-274-9934) You may have to leave a message because I home school as well as run a full-time business, but I will return your call ASAP.

Rent, utilities, and gross receipts are the only figures that will be given over the phone. Only serious IN PERSON inquiries will be given more detailed information. An added benefit of touring in person is the ability to inspect the shop's machinery and what the local area offers to residents.
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