39 years-old Wholesaler of Men's Shoes

Miami-Dade County, FL
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Asking Price:$250,000
Gross Revenue:$1,348,995
FF&E:$25,000
Cash Flow:$174,952
Rent:$5,632
Established Year:1990
BUSINESS DESCRIPTION

Don't miss the chance to acquire a prominent Men’s and Boys’ Footwear Wholesaler

This is a leading importer and 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 does not include the average $400,000 inventory, which is live, with a high turnover, and available at the buyer's discretion. 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. All prospective buyers will be asked to provide a BIO and proof of funds
Please refer to listing number 2201700540, business broker Fernando Mello 305-405-8145 when inquiring about this listing.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
7,200
Lease Expiration
31/08/2024
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease/Month: 5632.22 Square Footage: 7200 Building Type: Industrial Terms & Options: Negotiable Expiration Date: 8/31/2024
Competition
Non Compete : Miles: 100 Years: 5
Support & Training
Weeks Training: 2 Cost: $0
Reason for Selling
Retirement
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Fernando
Mello
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Fernando Mello