SBA PQ: Mens Shoes Wholesaler - $400,000 inventory included

Listing Number: 2201-700540

Description

SBA Pre-Qualified. 39 years-old Wholesaler of Men's Shoes. 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 includes a live and viable inventory of $400,000. 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.

Listing Details

• Price: $650,000
• Down Payment: $130,000
• Sellers Discretionary Earnings: $174,952
• Total Sales: $1,348,995
• Location: Miami-Dade County, Florida


• Inventory: $400,000
• FF&E: $25,000
• Employees: 2
• Year Established: 1990
• Reason for Selling: Retirement
• Category: Wholesale,Distribution