Available
Price Drop!! - Specialty Sneakers & Streetwear - $1.75MM Gross (2024) - Prime Location in Long Island busy Mall
$650.000
Description
High-Grossing Specialty Sneaker & Streetwear Store – Long Island
$1.7M Revenue | $320K Net Income | Prime Mall Location | Absentee Run
Here’s your opportunity to own one of Long Island’s busiest and most recognizable specialty sneaker and streetwear retailers, located in a high-traffic shopping mall with prime placement.
This well-established retail operation generates approximately $1.7 million in annual gross revenue with approximately $320,000 in net income, all while operating under an absentee ownership structure with a fully staffed team in place.
The business has demonstrated consistent year-over-year performance through 2024 and 2025, maintaining stable revenue and profitability.
The seller currently resides several hours away from the location, making the commute increasingly difficult to manage. As a result, the seller is motivated and ready to make a deal with a qualified buyer.
Seller financing may be available for a qualified buyer with the right experience and financial strength.
Business Highlights
• $1.7M annual gross revenue with consistent year-over-year performance
• $320K net income while operating absentee
• Prime mall location with heavy foot traffic and strong visibility
• Clean financials and scalable retail model
• Sells high-demand sneakers, exclusive releases, and curated streetwear
• Strong brand presence and loyal repeat customer base
• Fully staffed operation with experienced employees in place
• Seller financing available for qualified buyers
• Seller motivated due to distance from the business
Growth Opportunities
A more hands-on operator could significantly increase profitability and expand the business through several initiatives:
• Reduce payroll by taking a more active ownership role
• Expand e-commerce and online sales channels
• Introduce exclusive sneaker drops, resale services, or membership programs
• Develop the brand into multiple locations or a scalable retail concept
Opportunity
This is a turnkey, cash-flowing retail business operating in one of the most in-demand consumer categories: sneakers and streetwear. With a strong sales history, loyal customer base, and prime mall location, the business offers a solid foundation for continued growth.
This opportunity is ideal for a retail operator, sneaker enthusiast, fashion entrepreneur, or investor looking to step into a profitable and established brand.
Confidentiality
Serious inquiries only.
A signed NDA and proof of funds will be required prior to receiving financials or scheduling a confidential showing.
Contact
Joseph Mesi
Partner / Broker
East Coast Business Brokers
Phone: (631) 236-8598
Email: joseph@eastcoastbusinessbrokers.com
Overview
Property ID:
12473
Type:
Retail - Dry Cleaners - Apparel - Logistics - Florist
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