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Business for Sale Summary

E-Commerce Business for sale in Brooklyn, NY - 34051

Business Type: apparel and accessory store,freight moving/delivery/storage/warehousing,internet business services (b2b),internet businesses,misc. internet/technology/non-classifiable,misc. service/non-classifiable,misc. wholesale/distribution/non-classifiable,wholesale/dist businesses,internet consumer services (b2c)
Owner Financing
E-Commerce Business for sale in Brooklyn, NY
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Financial Information (non-confidential)

General Information
Asking Price $1,150,000 Down Payment $575,000
Gross Revenues $6,500,000 Lease Remaining Register Free to View
Owner’s Cash Flow $375,000 Number of FT Employees Register Free to View

Financing

$575,000 Down and $575K over terms to be determined for a qualified buyer

Business Description

Incredible!. Two entities make up this one package sale. First there is an e-commerce based retailer of shoes. Known and trusted, great sales. Shoes are sold on the internet and the operation is managed using the second entity- a wholesale product distribution business. The distribution business is not limited to their own brand, they leverage technology and virtual assistants to provide a swift return on capital on Amazon. Through established relationships and their proprietary tech stack, the business can provide uncorrelated attractive returns in the retail industry. The business seeks to resell known brands through the FBA program with a high return on capital at least 3 times per year. Growth opportunities in this business are based on inventory and relationships. Absentee owned and a new owner would need to provide 5-10 hours per week maximum." Call Nathan Goldstein to schedule a meeting with the principals of this one of a kind business.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.