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Listed by:

Kensington Company

Innovative Footwear Brand/E-Commerce Business In New Jersey For Sale

New Jersey, US
Asking Price:
$500,000
Sales Revenue:
$325,000
Cash Flow:
$63,000

This is a very unique opportunity to purchase the manufacturer and brand of an acclaimed footwear concept. The brand has received national exposure on TV programs and has generated significant press. Certain circumstances, including COVID, along with funding challenges, have prevented this company from being able to fully capitalize on the notoriety it has received. The founders have therefore decided to sell their concept and business to a group that can realize the success they envisioned. An ideal acquirer would be an e-commerce company with space in their warehouse, a distribution company looking to get into e-commerce, or an entrepreneur with distribution experience. The main founder will stay on to help with the transition and could be available as a full-time hire. All R&D, trademarks, manufacturing channels, distribution channels, web site, and inventory will be transferred to the new owner. The heavy lifting related to the concept, R&D, manufacturing, and marketing has all been done. The business just needs the right new ownership to help it grow and possibly become a national brand. Please refer to listing number 15436 when inquiring about this opportunity.

Property Information

Real Estate:

Lease

Business Operation

Employees:
2

Other Information

Support & training:

yes