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- RE: 39 Years-old Wholesaler Of Men's Shoes
- Contact: Fernando Mello
Quick Facts
Asking Price: | $250,000 | |
Annual Revenue: | $1,348,995 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $174,952 | |
Total Debt: | Not Disclosed | |
FF&E: | $25,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1990 | |
Employees: | 3 | |
BBN Listing #: | 944322 | |
Broker Reference #: | 2201700540 |
Business Overview:
This is a leading importer and wholesaler of quality Men’s and Boys’ footwear, with three well-established brands (one of them trademarked) and a showroom / warehouse conveniently located in the heart of Miami. The portfolio ranges from casual to dress, and from all-genuine leather upper to leather-lined only. Importing from solid sources in China and selling to a large customer base of more than 600 retailers in the US and the Caribbean. There are two employees in place and the owner is semi-absentee. The asking price does not include the average $400,000 inventory, which is live, with a high turnover and available at the buyer's discretion. The seller is willing to facilitate a smooth transition and even stay as an agent or consultant for some time. This is a great opportunity as an add-on or a turn-key operation for anyone looking to enter this space. This business will certainly qualify for a visa. All prospective buyers will be asked to provide a BIO and proof of funds.
Please refer to listing number 2201700540, business broker Fernando Mello 305-405-8145 when inquiring about this listing.
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Property Features and Assets:
Lease/Month: $5,632.22 Square Footage: 7,200 Building Type: Warehouse Terms & Options: Negotiable Expiration Date: 8/31/2024.
Market Competition and Expansion:
Non Compete : Miles: 100 Years: 5
Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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