Family Owned and Operated Footwear Store

 Retail / 22 views / New Listing

$325,000.00

The Company is a well-established, family-owned retail footwear store located in an affluent community in the Midwest. The business has built a loyal customer base across multiple generations throughout the metropolitan area it is located within. The store specializes in premium comfort, dress, athletic, and specialty footwear from over 30 leading brands including Birkenstock, Brooks, Hoka, New Balance, UGG, and Dansko.

The business has thrived for over 50 years in the same location by maintaining a customer-first service philosophy. This personalized approach, combined with a carefully curated inventory and deep product knowledge, has created exceptional customer loyalty with a 4.9-star rating.

 

Investment Highlights

  • Personalized fitting service philosophy differentiates from big-box retailers
  • 9 customer rating reflecting high service quality driving repeat business and referrals.
  • Service-driven approach insulates business from pure price competition and e-commerce disruption.
  • Multi-generational customer base demonstrates
  • deep market penetration and sustained loyalty.
  • Third-generation family ownership provides authentic heritage and credibility.

 

Growth Opportunities

  • Launch e-commerce website to capture online sales and reach customers beyond the local geographic market.
  • Extend operating hours to include Sundays, capturing weekend shoppers and increasing weekly revenue potential.
  • Establish satellite “neighborhood store” concept in high-traffic shopping areas to capture new customer segments.
  • Expand athletic footwear selection to capitalize on growing athleisure and running shoe trends from brands like Brooks, Hoka, and New Balance.
  • Develop seasonal specialty offerings like wedding and formal event shoe programs with personalized fitting services.

 

Financial Information

 Revenue Cash Flow
 2024 $1,095,504 $171,933
2023 $1,166,762 $288,611
2022 $1,187,712 $198,417

 

*For more information regarding this Family Owned & Operated Footwear Store for sale click the link below. IBA requires a Non-Disclosure Agreement be signed before disclosing business details.**

Non-Disclosure Agreement

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  • Listing ID: 5936
  • Reason For Sale: Retirement
  • Year Established: 1974
  • Location: Midwest
  • Cash Flow: $171,933
  • Revenue: $1,095,504
  • Listing #: N2229
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