Footwear Company for Sale in Nicosia, Cyprus
Established | 20-30 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 1.13 million |
Run Rate Sales | USD 1.35 million |
EBITDA Margin | 10 % |
Industries | Footwear |
Locations | Nicosia |
Local Time | 1:31 PM Europe / Istanbul |
Listed By | Business Owner / Director |
Status | Active |
- Products are favoured by customers who prioritize both aesthetics and value, including fashion enthusiasts and budget-conscious shoppers.
- The company strategically selects store locations in high-footfall areas to maximize accessibility and visibility.
- Founded 20 years ago, the brand has grown steadily to become a household name in the Cypriot footwear industry.
- Currently operates 12 well-established stores across key urban locations such as Nicosia, Limassol, Larnaca, Paphos, and Paralimni.
- Focused on offering high-quality, affordable footwear options for the whole family, with a strong commitment to customer satisfaction.
- Over the years, the company has cultivated a loyal and expanding customer base through consistent product quality and service.
- Maintains long-term relationships with over 50 reliable suppliers from Europe and China, ensuring a steady supply of trendy and durable footwear.
- The business’s hybrid model allows it to reach a broader audience and adapt to changing consumer shopping habits.
- Dedicated to continuous growth and innovation, while maintaining a strong foundation built on trust, quality, and customer loyalty.
- Women’s footwear featuring a wide selection of contemporary styles, colors, and seasonal trends.
- Men’s and children’s shoes designed for comfort, durability, and everyday wear.
- Operates under a direct-to-consumer (D2C) retail model, combining traditional brick-and-mortar stores with an evolving online sales platform.
These are physical assets with measurable value that the buyer would take over:
1. Retail store locations – includes lease agreements, store interiors, fixtures, and improvements.
2. Inventory – includes footwear stock (men's, women's, kids’) and any seasonal or clearance items.
3. Furniture and fixtures – display units, shelving, racks, checkout counters, mirrors, and signage.
4. IT equipment – point-of-sale (POS) systems, computers, printers, tablets, security cameras, and alarm systems.
5. Vehicles – used for delivery or logistics, if owned by the business.
Intangible assets.
1. Brand name and registered trademark.
2. Customer database.
3. Online presence – includes website and social media accounts (Facebook, Instagram, etc. )
4. Google business listings and customer reviews.
5. Supplier relationships.
6. Distribution agreements.
7. Employee know-how – includes trained staff, managers, and internal processes (if retained post-sale)
8. Licenses and permits – includes business operation licenses, retail permits, and VAT registration.
9. Goodwill – includes brand reputation, location advantages, and customer loyalty.
Headquartered in Nicosia.
The company is a privately held entity with a sole shareholder (100%).
No external investors or venture capital are involved at this stage. All business decisions and funding initiatives are managed internally by the core ownership group.