Beautiful, established Shoe Store in Arcata, CA

, California 11 views 0 favorites

Financial Highlights
Asking Price
$240,000
Revenue
$400,000
Business Description

The Plaza Shoe Shop has been a staple in Humboldt offering quality work boots, leather goods and lifestyle shoes since 1948. The store has a large local following, strong community support, and is centrally located. Humboldt State University is making a transition into a Cal-Poly tech school which will increase the amount of visitors and students coming to the area. The store also has an upside by opening 6 days a week instead of the 5 days a week it currently runs. The new owner would benefit from being involved in the day-to-day operations and increase profitability by doing so. The current owner is an absentee-owner and would love to see the store passed on to a motivated person that has the time and energy to devote to the store. If you love to design, are interested in fashion and like an evolving industry this store could be the perfect fit for you. Location: Arcata, California Year Established: 1948 Number of Employees: 3 Real Estate: Leased Building Sq. Ft.: 2,500 Facilities: Sales price includes all fixtures and retail sales equipment. The inventory to be figured out at exact time new owner takes over business. Market Outlook/ Competition: The competiton for shoes and boots in the town are a jogging store with sports shoes and an outdoor adventure store with hiking and outdoor shoes. My store is the only one with work boots, dress shoes and Growth & Expansion: Arcata, CA is positioned to have explosive growth in the next 5 years. The University just got approval from State of California to become the 3rd Cal Poly Tech School in California resulting in 400+million in improvements along with a huge internet line being installed in Arcata coming from Singapore. The University is projected to bring in over 16K more people into our small town and apartment building along with it which can result in many more boot sales.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 21, 2022

Updated: 5 hours ago

Views: 11

Favorites: 0