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

Business Listed By:

Fernando Mello
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