Price: $59,999
Location: Raleigh, NC
Industry: Retail
Listing ID: 16961851-BY
Listing Status: New
Rare opportunity & E2 Visa Qualifier!
This is a franchise shoe store in the major mall in Wake County that has been running for over a decade.
The store nests at a high traffic spot in the mall. It is currently an owner absentee business, positive cashflow, and has room and potential to grow.
Key Attributes:
- Cash Flowing
- Premium location in a premium mall
- Turn-key business model
- Top Brand Contracts
- Great franchisor support
The franchise offers incredible connections with top brands in the footwear industry, a proven business model, upgraded technology, and world class support for franchise owners.
Down Payment: N/A
Total Sales: $405,000
Cash Flow: $50,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: N/A
Inventory: $60,000
Inventory Included: Yes
Year Established: 2013
Year of last Acquisition: 2023
Owner Hours Per Week: 10
Non-Owner Payroll: N/A
Employees: 3
Managers: 1
Absentee Owner: Yes
Real Estate: N/A
Real Estate Included: No
Monthly Rent: N/A
Franchise: Yes
Relocatable: No
Facilities Information: Premium location in the best mall in the Triangle
Reason For Sale: Other business interests
Training & Support: Franchise training + 2 week seller training
Competition: Fair competition
Potential Growth: It is an owner absentee business, and the current owner only spends 5-10hrs in the shop weekly. So much room for the new owner to growth the current situation.
