Price: $99,999
Location: Raleigh, NC (Wake County)
Industry: Retail
Listing ID: 16951969-NI
Listing Status: New
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!
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
Year Established: 2013
Non-Owner Payroll: N/A
Employees: 2
Real Estate: N/A
Monthly Rent: N/A
Franchise: Yes
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.
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Reason For Sale: Health
Training & Support: Franchise training.