1. Home
  2. Businesses for Sale
  3. New York
  4. Retailing Businesses
This Business has been Sold!
Closing Date: 04/23/2014

Business for Sale Summary

Online Retail Business - 24637

Business Type: retailing businesses,apparel and accessory store,internet businesses,business services (b2b),consumer services (b2c),general internet,misc. internet/technology/non-classifiable
Sold
Online Retail Business
On April 23rd 2014, The Undersigned
Acted as the Advisor to the Deal
Marie Goldstein
Marie Goldstein Senior Broker
Servicing: This Broker is Servicing All of CT, ME, NC, NH, NJ, NY, OH and PA
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $275,000 Down Payment $275,000
Gross Revenues $738,093 Lease Remaining Register Free to View
Owner’s Cash Flow $301,991 Number of FT Employees Register Free to View

Financing

$275,000 Down and TBD

Business Description

Internet and retail business carrying over 80, major (vendor approved) accessory brands: Stussy, Fila, Dr. Martins, Patagonia, Burton, Citizen, Seiko, Gucci, Fossil, Timberland to name only a few. There is a retail location but most sales are done on Ebay Approved for EBay's 'daily deals' due to large volume, daily focus on various products draw attention and increase sales. Business also done on Amazon. Approved for Pay Pal Manager to manage their account due to large volume. Ebay and Amazon are connected to quickbooks for easy inventory tracking. These brands are not easily acquired and will transfer to the new owner due to pre existing relationships. This is a FANTASTIC opportunity to enter the internet marketplace or expand an existing retail business with very little effort. All sales easily documented via pay pal, all shipping and payment fees built into the cost of the merchandise. Total hours worked:25 per week, no employees. Two locations: warehouse and retail, most business is done from the warehouse. Average sales per month is approximately $60,000. Please call broker for complete list of vendors and more information.

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.