Profitable independent Fashion Footwear Designer & Retail Stores
Business Description
Rare opportunity to acquire a highly profitable, independent designer, manufacturer, and retailer of women’s high-fashion footwear. For almost three decades, the founder/owner of these two retail locations has designed his own styles, created his own brands and manufactured the product in Italy. Shoe styles range from high, medium, and low heels to flats, boots, sneakers, and sandals. Accessories include beautiful handbags, evening bags and totes. Focused on his concept of high fashion and comfort at reasonable prices, revenue comes from brick-and-mortar retail, online & catalog sales, and wholesale, with sales per square foot as high as $250. Growth opportunities include improved marketing, ecommerce development and new locations. Owner is open to continuing as a consultant. Pandemic years aside (2020-2021), the business has consistently produced SDE in the $1 million range (25% to 33% SDE margin). 2022 was one of the best years ever for this business with sales topping $3.5 million and SDE just under $1.2 million.
About the Business
- Years in Operation
- 27
- Employees
- 11 Full-time
- Currently Relocatable
- Yes
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,600
- Rent
- $41,169.00 per month
- Lease Expiration
- 3/30/2027
About the Sale
- Seller Motivation
- Focus on other business interests.
- Transition Support
- 4 weeks
Listing Info
- ID
- 2485583
- Listing Views
Listing ID: 2485583 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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