Independent Fashion Footwear Retailer, Womens Shoes.
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Asking Price
$5,500,000
Detailed Information
Business Description
This is a rare opportunity to acquire a profitable independent fashion footwear designer and retailer specializing in women's high-fashion footwear. The business, in operation for over two decades, offers a wide range of shoe styles including heels, flats, boots, sneakers, and sandals, along with accessories like handbags and totes. Revenue is generated through brick-and-mortar retail, online sales, and wholesale, with a focus on high fashion and comfort at affordable prices. Despite challenges during the pandemic years of 2020-2021, the business has consistently achieved Seller's Discretionary Earnings (SDE) in the $1 million range, maintaining a healthy SDE margin of 25% to 33%. The most recent year, 2022, was particularly successful with sales surpassing $3.5 million and SDE nearly reaching $1.2 million. Growth opportunities for the business include enhancing marketing strategies, developing ecommerce capabilities, and expanding to new locations. The owner, who has been actively