Footwear Store In A Major Mall – Absentee

Price: $99,999

Location: Raleigh, NC (Wake County)

Industry: Retail

Listing ID: 16951969-NI

Listing Status: New

Description

This established franchise has been in this major mall in Wake County for a decade and was upgraded to a high traffic location in 2018. In 2021 the current owners bought it, but they now need to sell it due to a health issue. The business is cash flow positive and the owners live in another state.

Key Attributes:
- Cash Flowing
- Absentee Run
- Top Brand Contracts
- Premium Mall - Premium Location
- Upgraded Technology

The owners travel to Raleigh around once a month to check on the store but primarily run payroll and administration virtually. The store manager and shift supervisor run the day to day operations including opening/closing the store, making deposits, ordering/stocking inventory, and running social media campaigns.

The franchise offers incredible connections with top brands in the footwear industry, a proven business model, and world class support for franchise owners.

Step into this turnkey business model today!

LISTING DETAILS

Down Payment: N/A

Total Sales: N/A

Cash Flow: $60,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $10,000

FFE Included: Yes

Inventory: $60,000

Inventory Included: Yes

Operation

Year Established: 2013

Non-Owner Payroll: N/A

Employees: 2

Location

Real Estate: N/A

Monthly Rent: N/A

Franchise: Yes

Summary

Facilities Information:

Premium location in the best mall in the Triangle.

Terms and Conditions?:

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Reason For Sale:

Health

Training & Support:

Franchise training.

LISTING OWNER
There is no associated broker for this Listing.