Listing Number: 76931-915823
Description
Exceptional Opportunity to Own a Legacy Retail Business with a Thriving Safety Footwear Segment
Step into ownership of a highly respected, long-standing retail business that has served its Texas community for over 70 years. Originally launched as a department store, the business evolved into a full-service shoe store in the 1970s, building a reputation as a go-to destination for expert fitting, unmatched comfort, and personal service.
A major turning point came in the 1990s, when the town rapidly expanded into a manufacturing hub. Recognizing the demand, the store introduced a robust line of OSHA-approved safety work boots, attracting a new wave of industrial and commercial customers. Today, this segment is a cornerstone of the business—driven by strong, ongoing relationships with local employers who provide voucher programs to their employees for work-appropriate footwear. These programs create a recurring, built-in stream of revenue and foster long-term commercial partnerships.
In 2023, the store generated $528,000 in sales with a healthy 38% gross margin. Revenue and profitability have remained steady over the last six years, reflecting the business’s resilience and reliability. The current owner, who took the reins in 2015, has upheld the store’s legacy while introducing modern efficiencies, including an operational e-commerce platform.
Located near a major new tourist development, the store is poised for increased foot traffic and market visibility. Its excellent reputation, combined with deep roots in the community and a loyal client base, offers a compelling foundation for future expansion.
Whether you’re an investor seeking a stable, turnkey business, or an entrepreneur eager to grow a brand with strong commercial relationships and proven cash flow, this opportunity delivers. The current owner is stepping away to focus on family and return to the education field—offering a new owner the chance to build on decades of goodwill, expand the commercial voucher program, and capitalize on a growing regional economy.
Listing Details
- Price: $385,000
- Down Payment: $300,000
- Sellers Discretionary Earnings: $60,405
- Total Sales: $468,817
- Location: Guadalupe County, Texas
- Inventory: $225,000
- FF&E: $5,000
- Employees: 2
- Reason for Selling: Change careers
- Category: Shoes/Footwear
