Established Premium Safety Footwear Dealership With Mobile Unit For Sale - Business for Sale
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Safety Footwear Dealership with Mobile Unit in Tri-Cities, TN
Tri-Cities, TN, US
Added 23 days ago
Specialty Safety Footwear Retail with Mobile Unit
Absentee / Semi-Absentee
Specialty safety footwear dealership with a mobile sales unit serves industrial and construction clients across the Tri-Cities region of East Tennessee and holds an exclusive 20-county territory spanning Tennessee, North Carolina, and Virginia.
Key Information
Asking
$495K
Revenue
$763K
Earnings
$182K
Multiple
2.7x
Key Highlights
- Gross margins have consistently ranged from 47–49% year over year.
- Business is debt-free with no loans on the store, equipment, or mobile unit.
- Sale includes a fully outfitted mobile shoe truck with exclusive sales territory covering 20 counties across Tennessee, North Carolina, and Virginia.
- Mobile unit generated $55,920 in sales in Q1 2024 (annualized run rate over $200,000) and $19,496 in all of 2023 due to limited operation.
- Business operates with a trained management and sales team; owners are not involved in day-to-day operations.
Contact Info
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