Diabetic and Orthopedic Shoe Business for sale - $298,500 (Rochester NY)
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For sale is a Diabetic and Orthopedic Shoe Business in operation since 1991
This business Sells top-quality, name brand footwear, inserts and socks for foot care solutions to reduce pain and discomfort.
There is a general manager who is certified in this industry and is willing to stay on for the buyer of this business
This business has an extensive and loyal customer base of over 20,000 names from over 30 years in business.
A staff of four assists the owner in the operation of this business.
The facility this business is located in is a stand-alone building with 2,400 total square feet and with plenty of customer parking
Included in the asking price of $ 298,500 is Equipment, furniture and fixtures at a fair market installed value of $ 50,000
and shoe Inventory at cost of $ 125,000
The Buyer of this business will be offered a 3–5-year lease at a gross rent of $ 2,400 a month
In 2024 sales were $ 466,517 and the Owner's Discretionary Earnings were $ 80,338
Foot care is an expanding industry dealing with preventative medicine. The business could expand by creating partnerships with physical therapists, podiatrists, or orthopedists.The owner is willing to train the buyer in the management and future success of this business