Listing Number: 2201-700540
Description
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 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.
Listing Details
- Price: $ 750,000
- Down Payment: $130,000
- Sellers Discretionary Earnings: $ 174,952
- Total Sales: $ 1,348,995
- Location: Miami-Dade County, Florida
- Inventory: $ 490,000
- FF&E: $ 25,000
- Employees: 2
- Year Established: 1990
- Reason for Selling: Retirement
- Category: Wholesale
