LMShoeCare Report post Posted January 23, 2018 On March 12, 2018 we will celebrate 35 years as a successful, thriving Mom & Pop family business. This business has provided the means for us to become financially secure, and we plan to retire by the end of this year to travel. For the right person, this is a golden opportunity to be your own boss and provide a good living for you and your family. We made a small alcove in the business into a nursery, then later converted it into a playroom. Our son has always had his own space, and access to both parents 24 hours a day. Work your business, raise your child, home school if you wish, and even bring the family dog, we did! The small business American Dream is possible for you too! Our shop is located in a small strip mall, just off the west end of I-640, which is the main bypass around Knoxville, Tennessee. (I-40 goes right through the middle of the city.) We are within 3 miles of downtown Knoxville and the University of Tennessee. The famous Smoky Mountains are within 45 minutes driving distance of our store. The greater metropolitan area, (Knox, plus the surrounding 8 counties), boasts a population of 857,585 according to a 2014 survey. The cost of living is very reasonable here and there is no state income tax. The people are friendly, and the climate is generally moderate during all four seasons. It's a GREAT place to work, live, and raise a family. There are currently only 4 other shops in Knoxville, and our customer base includes quite a large number of people from the surrounding counties that do not have repair shops. Walk in traffic usually keeps us backed up enough to promise work 14 to 21 days out from drop-off. For the past 25 years we have required 50% deposit when work is left, and we provide a 5% discount incentive to customers who are willing to pay in full at drop-off. Most customers are thrilled to take advantage of the discount, so we have a healthy cash flow without having to wait for the work to be picked up. Business here is good, we have earned enough to retire and buy a motorhome to tour the United States. Make money from the very first day you work, you will be taking over our customer base. The price we are asking includes all retail stock, repair inventory, and machinery, (the total of these items is a higher actual value than the asking price). While we are anxious to begin retirement, we are willing to assist the new owner for an agreed upon period to learn the ins and outs of operating a business on their own, (machinery maintenance, inventory restocking, bookkeeping and government forms, etc.), and help them get off on the right foot. (Pun intended, LOL) We are advertising outside our local area in order to find an EXPERIENCED repair person ready to strike out on their own. If purchase of our business sounds interesting to you, please CALL to inquire further. NO TEXTS, NO MESSAGES, NO EMAILS. My phone is on and answered 7 days a week from 8 AM to 8 PM Eastern Time Zone. 865-274-9934 Rent, utilities, and gross receipts are the only figures that will be given over the phone. Only serious IN PERSON inquiries will be given more detailed information. An added benefit of touring in person is the ability to inspect the shop's machinery and what the local area offers to residents. Share this post Link to post Share on other sites
DJole Report post Posted January 24, 2018 Best of luck to you in finding the right person, and may the right person find your offer! Share this post Link to post Share on other sites
LMShoeCare Report post Posted January 24, 2018 Thanks so much, DJole! From your lips to God's ears! I'm SO ready! Share this post Link to post Share on other sites
