Business Overview:
The focus of this company is on buying and selling overstock merchandise (primarily apparel) from some of the country's leading upscale department stores and specialty retailers. Key buying and selling relationships are in place, along with a state-of-the-art new website and strong online presence. The primary customer base consists of brokers and independent retailers. Business was originally sold in Oct 2010; Buyer defaulted on financing. Orig Owner has reassumed and is liquidating assets.
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.
Property Features and Assets:
Business has strong online presence and reputation. Assets being sold are website ($30K value), Domain, Quickbooks Customer Database and Mailing List Subscribers. E-commerce based business can be run from anywhere in the country.
Just Reduced to $22K...All Offers Considered
Market Competition and Expansion:
Main competitors are based out of New York and Los Angeles; this business enjoys a unique position within the Southeast region as one of the only wholesalers of these types of products. Business is done world-wide and products have been shipped to countries in six continents. An expansion plan is in pace and ready to market; the newly designed website includes the capability to add additional distributors who can access and sell the company's products from additional remote locations
Reason for Selling:
BUYER DEFAULT ON LOAN - LIQUIDATING ASSETS
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: