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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 Date08-Dec-2017 06:54:28 AM EST
Expiration Date 06-Feb-2018 06:54:28 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
  March 12, 2017 we celebrated 34 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!

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 moderate during all four seasons. It's a GREAT place to live!

There are currently only 4 other shops in Knoxville, and our customer base includes quite a large number of people from the surrounding counties that do not have repair shops. Walk in traffic usually keeps us backed up enough to promise work 7 to 14 days out from drop-off. For the past 25 years we have required 50% deposit when 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 work to be picked up. Business here is good, we have earned enough to retire and buy a motorhome to tour the United States.

Price includes all retail stock, repair inventory, and machinery, (higher actual value than the asking price).While we are anxious to begin retirement, we are willing to assist the new owner for an agreed upon period to learn the ins and outs of operating the business 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. There is no such person in the Knoxville area. If purchase of our business sounds interesting to you, please CALL to inquire further. NO TEXTS, NO MESSAGES, NO EMAILS. I answer my phone 7 days a week from 8 AM to 8 PM Eastern Daylight Savings time.

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 information. 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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