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.
- Asking Price:
- $750,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,348,995
- Cash Flow:
- $174,952
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease/Month: 5632.22 Square Footage: 7200 Building Type: Warehouse
Terms & Options: Negotiable Expiration Date: 8/31/2024
Business Operation
- Competition / Market:
-
Non Compete : Miles: 100 Years: 5
- Reasons for selling:
-
Retirement
- Trading hours:
-
Mon-Fri: 8am-5pm
- Employees:
- 3
- Years established:
- 39
Other Information
- Support & training:
-
Weeks Training: 2 Cost: $0
- Financing available:
-
Loan/Other - Amt: 0 Mos: 0 Rate: 0.00 Mo Pmt: 0.00
- Furniture / Fixtures value:
- $25,000 - included in the asking price
- Inventory / Stock value:
- $490,000 - included in the asking price
