39 years-old Wholesaler of Men's Shoes

Listing Number: 2201-700540

Description

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

Listing Details

• Price: $250,000
• Down Payment: $250,000
• Sellers Discretionary Earnings: $174,952
• Total Sales: $1,348,995
• Location: Miami-Dade County, Florida


• Inventory: $0
• FF&E: $25,000
• Employees: 2
• Year Established: 1990
• Reason for Selling: Retirement
• Category: Wholesale,Distribution