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SBA PQ: 39 years-old Importer and Wholesaler of Men's Shoes for sale in Miami-Dade County, FL

Miami-Dade County, Florida (FL)

Asking Price: Gross: Cash Flow:
$ 750,000 $ 1,348,995 $ 174,952

Furniture and Fixtures Value:
$ 25,000 (included in the asking price)

Inventory Value:
$ 490,000 (included in the asking price)

Real Estate:
(not included in the asking price)

Business Summary:
39-year-old Importer and Wholesaler of Men's Shoes. 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 a 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. Please refer to listing number 2201700540, business broker Fernando Mello 305-405-8145 when inquiring about this listing.

 

   
Year Business was Established: 1990
   
Number of Employees: 3  
   
Facilities / Terms of Lease: Lease/Month: 5632.22 Square Footage: 7200 Building Type: Warehouse Terms & Options: Negotiable Expiration Date: 8/31/2024  
   
Competition: Non Compete : Miles: 100 Years: 5  
   
Owner willing to finance: Loan/Other - Amt: $724,000 Mos: 120 Rate: 11% Mo Pmt: $9,974.48  
   
Owner willing to train: Weeks Training: 2 Cost: $0  
   
Reason for selling: Retirement  
   
Seller Reference Number: 2201700540
BusinessMart.com Listing Number: 308413
 

 

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For more info contact:

Andrew Cagnetta

Transworld Business Advisors Florida
954-772-1122

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