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Untapped Online High Fashion Liquidation Business For Sale

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $38059
Net Profit / Cash Flow  $9511
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1952
Number of Employees  1 - 3
Inventory  $153000
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller will train.
Reason for Sale  Health - retirement.
Description  Take this high-fashion shoe wholesale business on-line. Owner is ill and wants to retire ASAP. He has been in and out of the hospital for the past 18 months which is reflected in the income. However, he has been back at work and is experiencing an uptick in business over the past few months. EXTREME POTENTIAL FOR ONLINE SALES * High-fashion woman's designer shoe wholesale liquidation business * VALUE IN SUPPLIER RELATIONSHIPS! * Buys seasonal closeout for $0.16 on the dollar from high-end boutiques that don't keep inventory past 6 months * Inventory over 4,500 pairs of high-fashion designer shoes * Product line: Stuart Weitzman, Robert Clergerie, Donald Pliner, Kate Spade, Anne Klein, Via Spiga, Calvin Klein, Claudia Ciuti, Salvatore Ferragamo, Hollywould, Stephane Kelian, Enzo, Cynthia Rowley, Cole Haan, Michael Kors and many, many more * Inventory not older than 4 years * Lack of technological skills left this business behind as retail and wholesale sales went to online e-tail * 60 yr old business - owner 45 years in business - took over from father * Current sales through ''wholesale to public,'' occasional ebay sales (when son is available to do it) and shoe parties for nonprofits organizations. * No marketing program * Downtown LA warehouse/wholesale to public between Stapes Center and Fashion District * Rent is low with good terms * Owner retiring at 79 yrs old * Owner offering buyer 3 months training DON'T LET THE LOW NET EARNINGS DETER YOU Contact Shelli Margolin for more information at 310-882-2200 ext. 128, email Shelli
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