Established Shoe Repair Business

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BizEx ID:BizEx1067-TM
General Location:Los Angeles, CA
Category: Other Business Services
Years in Business:60
Under Present Owner:23
Hours of Operation:8:00 am - 6:00 pm
Owner Hours:8:00 am - 6:00 pm
Training:4 weeks @ 40 hours
Organization Type:Sole proprietor
Lease Expiration:2024
Lease Options:
Building Size:
Reason for Sale:Retiring


Asking Price:$255,000
Down Payment:Negotiable
Gross Sales:$200,200
Discretionary Cash Flow:$141,220
Inventory Included?
Min. Operating Capital:
Real Estate Available?No

2015 2016
Gross Sales $ 211,000 $ 200,200
Gross Profit $ 206,000 $ 195,200
Disc. Earnings $ 154,218 $ 141,220

Tony Miller
M&A Advisor
4551 Glencoe Ave. #210
Marina del Rey, CA 90292
Office: (310) 882-2200 ext 143
Direct: (310) 801-0512
Lic#: 02004232

Pieper Stewart
Business Broker
4551 Glencoe Ave., Suite 210
Marina del Rey, CA 90292
Office: (310) 882-2200 ext 136
Direct: (310) 466-4284
Lic#: 01037502

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations