Established Premium Safety Footwear Dealership With Mobile Unit For Sale - Business for Sale
Request Information
The contact information for this deal is locked. If you wish to unlock this information, you need to upgrade to SMB Deal Hunter Pro.
👢
Safety Footwear Dealership with Mobile Unit in Tri-Cities, TN
Tri-Cities, TN, US
Added 2 months ago
Specialty Safety Footwear Retail with Mobile Unit
Absentee / Semi-Absentee
Specialty safety footwear dealership with a mobile unit serves industrial and construction clients in the Tri-Cities region of East Tennessee, operating as an authorized dealer for a premium work boot brand.
Key Information
Asking
–
Revenue
$763K
Earnings
$182K
Multiple
–
Key Highlights
- Gross margins consistently in the 47–49% range
- Business is debt-free with no loans on store, equipment, or mobile unit
- Business operates with no owner involvement in day-to-day operations; managed by a trained management and sales team
- Sale includes a fully outfitted mobile shoe truck capable of warehousing approximately 1,000 pairs of shoes
- Mobile unit holds exclusive sales territory spanning 20 counties across Tennessee, North Carolina, and Virginia
- In Q1 2024, the mobile truck generated $55,920 in sales (annualized run rate over $200,000) with one dedicated driver
Contact Info
Unlock Premium Features
Get everything you need to find, finance, and acquire your business
Personalized Deal Flow
On and off market deals curated to your search criteria.
Unlimited 1:1 M&A Support
Expert advisors to help you spot red flags, negotiate your offer, and hand hold you all the way to close.
Pre-Vetted Deal Team
- * Intros to our preferred lenders
- * Access to our investor community
- * Discounted 3rd party Financial and Legal diligence