Profitable Multi-Location Footwear Business For Sale
Non-Disclosure & Confidentiality Agreement Link
Location: Two Central & Western Illinois Locations
Established: 1887
Present Ownership Since: 2022
Background
A multi-generational, family-owned footwear retailer offering a wide selection of men’s, women’s, industrial, and healthcare shoes, with an added mobile store service for convenience and outreach.
This is a rare opportunity to acquire a respected, regionally strong footwear retailer combining traditional retail with a mobile B2B model. With an established physical presence, loyal customer base, and scalable outreach strategy, the business is well-positioned for growth through digital expansion and larger-scale client relationships —while maintaining its trusted, community-oriented roots.
This is a rare opportunity to acquire a respected, regionally strong footwear retailer combining traditional retail with a mobile B2B model. With an established physical presence, loyal customer base, and scalable outreach strategy, the business is well-positioned for growth through digital expansion and larger-scale client relationships —while maintaining its trusted, community-oriented roots.
Key Highlights
- Diverse Product Mix: From industrial and healthcare specialists to casual men’s and women’s footwear, the business offers a comprehensive inventory that appeals across market segments.
- Established Real Estate: Two leased storefronts in high-visibility locations with recognized local presence.
- Mobile Expansion: Flexible mobile delivery capability is a strategic differentiator with opportunity for further B2B partnerships or geographic expansion.
- Community Legacy: Generational, trusted business with strong regional brand equity and a loyal customer base.
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Revenue Streams: Combines traditional in-store retail with innovative mobile outreach—diversified and resilient.
Ideal Buyer
A strategic investor or operator in retail, particularly one with interest in footwear, niche B2B services, or regional retail chains. Also appealing to entrepreneurs looking to leverage mobile retailing or enhance omnichannel capabilities.
A strategic investor or operator in retail, particularly one with interest in footwear, niche B2B services, or regional retail chains. Also appealing to entrepreneurs looking to leverage mobile retailing or enhance omnichannel capabilities.
Financial Highlights:
- 2024 Gross Sales: $1.19MM
- 2023 Gross Sales: $1.47MM
- Approximately 75-80% of annual sales is industrial/workforce related, the balance being retail walk-in family/lifestyle sales
Minimum Business Asking Price: $765,000
Includes:
- $45,000 in FF&E
- 2018 Isuzu FTR Custom built mobile shoe store truck with 110,000 miles valued at $40,000
- $230,000 in inventory with 2000 to 2300 pairs of shoes from 12 suppliers
Competition:
- Fully equipped, ready-to-run business with very limited local competition.
Reason for Selling:
- Retiring
Next Steps
Qualified buyers who complete the NDA form linked below will be provided detailed information about the opportunity via a Confidential Information Memorandum (CIM) 1.0, including:
- Asking Price Breakdown
- Retail storefront details
- Staffing information
- Website Information
- Social Media/Online Presence
- Location Information
- Next Steps
Non-Disclosure & Confidentiality Agreement Link
The Seller is advised by Marigold Resources in Davenport, Iowa.
Please contact Marigold Resources at (563) 424-5707
Chris Barnard - Managing Partner cbarnard@marigoldresources.com
Todd McGreevy - Managing Partner todd@marigoldresources.com
