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Retail Footwear/Dealership Store For Sale

Jonesboro, Arkansas
Asking Price:
$350,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Available on request
Cash Flow:
Available on request

START A NEW BUSINESS, BECOME A DEALER IN ARKANSAS owning a business opportunity in Fort Smith, Jonesboro, North Little Rock/Little Rock and Pine Bluff area. This 113 year old, world renowned and iconic AMERICAN FOOTWEAR COMPANY is on track to open over 200 new dealerships across the U.S. these next 5 years. Own your own retail dealership store selling America's best brands and having the support and expertise of 60+ years in retailing. With manufacturing plants here in the US, you'll have excellent service support, state of the art POS systems, proven process training, marketing and store design support and a very competitive internet approach. This is NOT A FRANCHISE so you have fee/cost savings. Family owned, so your operational success is personal to the Leadership Team. In order to learn more, all prospects must sign a non-disclosure agreement and provide proof of financial capacity before being introduced to the seller. NO EXCEPTIONS. Financing options exist. Tell us your geographic interest and we can show you other locations across the USA and Canada. Call David Kresge at for details.

Property information

Premises Details:

Stores average 1500 square feet and are generally in busy, active and high traffic strip centers in major metropolitan areas and suburbs as well as smaller and more rural markets. The COMPANY provides strong support in business planning, site selection, lease negotiations and construction/build out. You'll feel like you're in Business FOR your self, but not BY yourself.

Business Operation

Expansion Potential:

All stores are located within marketing areas of approximately 50,000 people. Growth for your store will come from your sales leadership and from you opening additional dealerships as many have done. You can also expand your store with a Mobile Store for direct to customer site sales. The COMPANY has developed a very competitive on-line sales strategy to compete with the national internet retailers effectively. There are also many long established national accounts and large GSA contracts for dealers to tap into within their area.

Competition / Market:

There are a few other US brands of this kind of footwear but this is the oldest such company and the only one that still has manufacturing plants located in America's Heartland. This means efficient product support. They have a competitive internet offering that drives interested parties to the stores. The brand is recognized around the world and across the US as THE quality leader for this type of footwear.

Reasons for selling:

New Dealerships for 113 year old company.

Trading hours:

Mon-Sat 9am-7pm; Sun 12pm-5pm.

Employees:
2 FT/1 PT
Years established:
113

Other Information

Support & training:

Will train for 24 weeks @ no cost.

The ideal prospect should have prior management experience. A grasp of marketing concepts is an advantage. Small staffing requirements - 2 - 3 people per store keeps it uncomplicated to run. The COMPANY will teach you all you need to know about product line's, features and benefits. This is an ideal business for someone looking for a second career, wants to be an independent business owner and experience growth on a proven operating model of success. You'll take pride in the Quality Product you sell.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$175,000 Down/ $175,000 for 15 mos. @ 1%

Seller may finance well qualified buyer up to $175,000 for initial inventory over 4 quarterly payments at zero percent. Buyer may qualify for lender financing – manufacturer can discuss.

Furniture / Fixtures value:
$45,000 (USD) - included in the asking price
Inventory / Stock value:
$175,000 (USD) - included in the asking price

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