Wholesale Footwear & Accessories in California

Featured on BusinessForSale.com . 31 viewed

Asking Price

$995,000

FOR SALE - ACTIVE

Detailed Information

Location

Broward County,Florida, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

Show more info

Business Description

This wholesale distributor specializes in a wide range of footwear, handbags, hats, and specialty products including flip flops, water shoes, skateboards, tote bags, and promotional items like recycle bags, plastic bags, and paper bags that are eco-friendly. They have recently expanded their line to include cups with lower sales prices but higher profit margins. With a focus on providing good service, competitive prices, and staying updated with the latest styles and trends, they aim to offer quality products manufactured overseas while ensuring quality control at every step of the production process. In 2019, the distributor made strategic changes to their product mix, resulting in a significant increase in their gross profit percentage and net profit. By offering a variety of products and opportunities for buyers with available working capital to invest in marketing, they believe that sales and profits can be substantially increased. The distributor is currently listed for sale at a price of $995,000 with an initial $200,000 down payment and an option for an SBA

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