Meetjesland: specialty footwear & leather goods store

Asking price Price on request

Financial data

Turnover / Revenue €1,000,000.00

DESCRIPTION AND ACTIVITY Atmosphere.
This spacious store is the specialty store for trendy and quality comfort shoes and (basic) orthopedic shoes.
The offered collection offers a wide choice of contemporary fashion for women and men. Besides shoes, leather goods are also offered: small leather goods, book bags, backpacks,...
There are currently no children's shoes sold, nor shoes made to measure.

As usual in the industry, there are no fixed contracts with suppliers.
No real exclusivity is given, but no new sales points can be added to most brands.
The store does have exclusivity for SAMSONITE in the wider region.

The business was founded in 1924 and is now in the hands of the third generation.
In 2007, the store was completely renovated according to a modern and stylish concept, working with different "corners".

The turnover fluctuates constantly around EUR 1,000,000, with an average margin of about 40%.

A total of 5 full-time employees are active in this business.

LOCATION
The business is located in East Flanders, in the Meetjesland region, in a very commercial location.
The entire building is owned by the family (partly through the BV - partly private).
The retail area is approximately 440 m².
Behind the building is the warehouse of the business, with an area of approximately 520 m².

Ample parking is provided around the building.

The entire building - which in addition to the store also includes a number of apartments and garages - can - if desired - also be purchased.
If the building is not also purchased, a new commercial lease can be concluded for the store + the warehouse + the office space.

REASON FOR SALE
There is no family succession
and so the family wants to start looking for a future for the store in time.

TO ACQUIRE.
As far as the store is concerned, a takeover of the trade fund is sought, consisting of the entire store and window fixtures, all office equipment, warehouse equipment, software & hardware + goodwill + inventory.

A very achievable acquisition price is envisioned.

The sellers are willing to continue working for the acquirer temporarily after the acquisition to ensure continuity. The period and modalities in which this can happen are negotiable.

All acquisition modalities are negotiable.

Interested?
Then contact us and we will provide all the details.

Location
Oost-Vlaanderen
Number of employees
5
Active since
1923
Real estate included
No
Translated from
Dutch
Disclaimer
Takeover market is not responsible for the content. Please check for accuracy and completeness.

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