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FOR SALE

 


DIABETIC and ORTHOPEDIC Shoe Store:

Asking Price:

$395,950

 

Our Ref.#:

WSD 24.335

2024 Sales:

$462,666

 

SIC Code:

5661-02, 8043-01

2024 SDE:

$241,320

 

Location:

Central NY State

Fixtures/Equipment:

$20,000

 

Contact:

Stephen Di Paolo

Inventory:

$20,000

 

 

 


Description:
  • A Diabetic and Orthopedic Shoe Store located in Central New York and in operation for over 30 years.
  • This business Sells top-quality, name brand footwear, inserts and socks for foot care solutions to reduce pain and discomfort.
  • The Owner is currently the only employee working at this business.
  • This business has an extensive and loyal customer base from over 30 years in business.
  • The facility this business is located in is a stand-alone building with 1,450 total square feet and with plenty of customer parking.

ASSETS/FIXTURES/EQUIPMENT:
Included in the asking price:
  • Equipment, furniture and fixtures at a fair market installed value of $ 20,000
  • Inventory at cost of $ 20,000

LEASE ARRANGEMENTS:
Included in the asking price:
  • The Gross Rent is $ 1,552.71 per month. The Current Lease expires on June 14,2027

INCOME AND SDE:

 

2024

2023

2022

Income:

$462,666

$462,413

$426,871

SDE:

$241,320

$201,752

$205,339

Asking Price: The Asking Price is $ 395,950. There may be some seller financing to a well-qualified buyer.

Comments:
  • A certified owner/employee in this industry is required to bill Medicaid, Medicare, and other health insurances.
  • 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.

A Non-Disclosure Agreement would be required to obtain all of the information about this business.

Contact Stephen DiPaolo at:
sdipaolo@amdbizbrokers.com



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