Seller's Contact Information
- RE: Successful Online Shoe Retailer
- Contact: Steve Fenton
Quick Facts
Asking Price: | $850,000 | |
Annual Revenue: | $1,498,907 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $209,431 | |
Total Debt: | Not Disclosed | |
FF&E: | 150,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2011 | |
Employees: | 6 | |
BBN Listing #: | 289711185 | |
Broker Reference #: | 170-02892 |
Business Overview:
Highly successful Online Shoe Retailer for more than 11 years! Semi-absentee management by utilizing state-of-the-art software and tenured operations team.
BUSINESS MODEL: Buys famous brand overstocks, display items, returns from major 'big box' retailers. The team sorts, cleans, minor repairs if needed, photographs, posts and fulfills orders from their 8000sf warehouse.
TECHNOLOGY: Zentail automates platforms: E-Bay (40%), Wal-Mart (40%), Amazon Marketplace (20%). SkuVault handles inventory management. ShipStation oversees order fulfillment.
INVENTORY NOTE: Price includes $400,000 sellable inventory. Final price will be adjusted to reflect actual inventory at time of sale. 1 newer forklift, racks, photo studio included.
WHY BUY THIS BUSINESS? Good quality used footwear appeals to younger buyers: environment concerned, desire name brand on a budget. Join the e-commerce growth with an established, automated business. Seller available to business development consulting beyond transition.
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Property Features and Assets:
Inventory: $400,000 (Included in the asking price). Lease/Month: $7,000. Square Footage: 8,100. Building Type: Warehouse/Office. Expiration Date: 10/31/2025
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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