SBA PQ: 39 years-old Importer and Wholesaler of Men's Shoes
Miami-Dade County, Florida
| Asking Price: |
Gross: |
Cash Flow: |
| $750,000 |
$1,348,995 |
$174,952 |
Furniture and Fixtures Value:
$25,000 (included in the asking price)
Inventory Value:
$490,000 (included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
39-year-old Importer and Wholesaler of Men's Shoes. This is a leading 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 a semi-absentee. The asking price includes a live and viable inventory of $490,000. 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. Please refer to listing number 2201700540, business broker Fernando Mello 305-405-8145 when inquiring about this listing.
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| Year
Business was Established: 1990 |
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| Number of Employees:
3 |
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| Facilities / Terms of Lease:
Lease/Month: 5632.22 Square Footage: 7200 Building Type: Warehouse Terms & Options: Negotiable Expiration Date: 8/31/2024 |
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| Competition:
Non Compete : Miles: 100 Years: 5 |
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| Owner
willing to finance:
Loan/Other - Amt: $724,000 Mos: 120 Rate: 11% Mo Pmt: $9,974.48 |
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| Owner
willing to train:
Weeks Training: 2 Cost: $0 |
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| Reason for selling:
Retirement |
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| REQUEST MORE INFO |
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