Owner Financing is Available!
Business Overview:
Take this high-fashion shoe wholesale business on-line. Owner is ill and wants to retire ASAP. He has been in and out of the hospital for the past 18 months which is reflected in the income. However, he has been back at work and is experiencing an uptick in business over the past few months.
EXTREME POTENTIAL FOR ONLINE SALES
* High-fashion woman's designer shoe wholesale liquidation business
* VALUE IN SUPPLIER RELATIONSHIPS!
* Buys seasonal closeout for $0.16 on the dollar from high-end boutiques that don't keep inventory past 6 months
* Inventory over 4,500 pairs of high-fashion designer shoes
* Product line: Stuart Weitzman, Robert Clergerie, Donald Pliner, Kate Spade, Anne Klein, Via Spiga, Calvin Klein, Claudia Ciuti, Salvatore
Ferragamo, Hollywould, Stephane Kelian, Enzo, Cynthia Rowley, Cole Haan, Michael Kors and many, many more
* Inventory not older than 4 years
* Lack of technological skills left this business behind as retail and wholesale sales went to online e-tail
* 60 yr old business - owner 45 years in business - took over from father
* Current sales through "wholesale to public," occasional ebay sales (when son is available to do it) and shoe parties for nonprofits organizations.
* No marketing program
* Downtown LA warehouse/wholesale to public between Stapes Center and Fashion District
* Rent is low with good terms
* Owner retiring at 79 yrs old
* Owner offering buyer 3 months training
DON'T LET THE LOW NET EARNINGS DETER YOU
Contact Shelli Margolin for more information at 310-882-2200 ext. 128, email Shelli at smargolin@bizex.net, go to www.bizex.net and click on "Registration and NDA"
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Market Competition and Expansion:
Owner is 79 and doesn't understand internet marketing. His son has done very limited ebay sales successfully, but only as a favor and without devoting much time or energy. A web savvy owner can profit greatly in many online venues. The wholesale to the public market can easily be expanded by changing the storefront hours and a simple redesign of the warehouse layout. Plus, the YMCA is opening their nation headquarter in November 2011 with 400 employees and a gym directly across the street.
Reason for Selling:
Health - Retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: