Shoe Repair & Accessory Store in Manhattan, NY - Asking $99,000

This is a well-established Shoe Repair & Accessory Store located in the Upper East Side (UES) of Manhattan, New York. After 40 years of dedicated service, the owner is retiring and moving back to their home country, presenting a prime opportunity for a new owner. The business boasts a loyal customer base and comes equipped with all necessary repair machinery. The asking price is $99,000, with reported sales of $182,000 and a cash flow of $54,000. The monthly rent is exceptionally low at $2,060 for this prime neighborhood location. Potential buyers are encouraged to consider upgrading the store to a quick-service model and implementing credit card processing to further enhance profitability, as the business has historically operated on a cash-only basis. This listing is ideal for an experienced shoe repair professional looking to take over a reputable business with strong growth potential.