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Leather Goods Company for Sale in Miami, USA

Acquire a non-operational leather goods importer with inventory, warehouse setup, and a potential customer list.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees < 2
Legal Entity C Corporation
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Leather Goods
Locations  Miami
Local Time 5:52 AM America / Chicago
Listed By Management Member
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 125 thousand (Native Currency: USD 125,000)
Reason: The promoter is managing another business venture while also caring for their sick parents. (Note: ... View More
Includes physical assets worth USD 125 thousand
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Business Overview
- Non-operational Miami-based leather goods importer for sale with a range of inventory including belts, buckles, bags, and wallets, targeted both retailers and wholesalers.
- Product offerings were imported from India, allowing for competitive pricing and unique goods for clients across major markets such as Florida, Los Angeles, and Chicago.
- A robust client base was previously established, boasting 40 clients before operations were paused, presenting an excellent opportunity to re-engage past relationships.
- Fully incorporated company with infrastructure including a warehouse setup; note that the occupational license will require renewal for company operations.
- The business became inactive due to the promoter needing to care for family, an aspect that offers a smooth reopening once the necessary licenses are renewed.
- The current promoter has expressed willingness to guide and support the transition to new ownership, ensuring a smoother takeover experience.
- This offering presents potential buyers with access to direct import channels, existing customer lists, and operational insight into the thriving leather goods market.
Products & Services Overview
The business's top-selling products were:
- All leather goods such as belts, buckles, bags and wallets.
We sold the products to both retailers and wholesalers.
Assets Overview
Tangible:
- Industrial shelves (heavy duty), table and other furniture.
- Stock.
All these assets are worth USD 250,000 but are being sold at a discounted price of USD 125,000.
Facilities Overview
The company warehouse lease can be extended:
Rent - USD 2,700/month.
Area - 1,500 sq ft.
Capitalization Overview
The company has no debts or loans, owned by a sole owner.
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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