Financial Information


  • Asking Price: $650,000

  • Gross Income: $1,751,323

  • Cash Flow: $323,389

  • Seller Financing: $300,000

Description

👟 High-Grossing Specialty Sneaker & Apparel Store – Long Island

 

📍 $1.7M Gross Revenue | $320K Net Income | Prime Mall Location | Absentee-Run

Here’s your chance to own one of Long Island’s busiest and most recognizable specialty sneaker and streetwear stores, located in a high-traffic shopping mall with prime placement. This well-established retail operation generates approximately $1.7 million in annual revenue and nets around $320K, all while being completely absentee-run.

The business has shown consistent year-over-year performance through 2024 and 2025, maintaining similar sales and cash flow levels. The seller currently lives several hours away, and the extensive travel distance has made managing the business increasingly difficult — creating a motivated, time-sensitive opportunity for the right buyer.

The seller is negotiable and open to offering seller financing to a qualified buyer with a strong background and sufficient liquidity.


🔑 Business Highlights

 

✅ $1.7M in annual sales – consistent, stable performance year-over-year
✅ $320K in net income – fully staffed, absentee-operated
✅ Premium mall location – high-visibility anchor position with heavy foot traffic
✅ Clean books and scalable business model
✅ Sells high-demand sneakers, exclusive drops, and curated streetwear
✅ Loyal customer base and repeat business
✅ Seller financing available for qualified buyers
✅ Seller highly motivated due to distance from the business


📈 Growth Potential

 

  • Hands-on operator can reduce payroll and significantly boost net income

  • Expand e-commerce and online presence to reach broader markets

  • Add exclusive drops, resale services, or memberships to increase margins

  • Potential to replicate the model into a multi-location or franchise concept


This is a turnkey, cash-flowing retail operation in one of the most in-demand categories — sneakers and streetwear. With a proven sales record, brand loyalty, and a motivated seller, this opportunity is ideal for a fashion retailer, entrepreneur, or investor ready to step into a profitable, growing business.


📞 Serious inquiries only. NDA and proof of funds required for financials and a confidential showing.

Contact:
Joseph Mesi
Partner / Broker
East Coast Business Brokers
📱 (631) 236-8598
✉️ joseph@eastcoastbusinessbrokers.com


🌐 www.EastCoastBusinessBrokers.com

Property Information

  • Listing Number: 12473
  • State: New york
  • County: Suffolk

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