How to sell an e-comm business

Post date: 2023-03-23 07:24:09
Views: 115
Because of a sudden illness, a person I know needs to sell her e-commerce business, and is not able to do so on her own. I'm pretty sure she needs a broker or seller's agent of some sort to get any value for her business. Where should she look?

The business is in Northern Virginia, more than 10 years old, revenues (not profit) are somewhere in the range of $5-10 million annually. The business is essentially just reselling goods on Amazon, eBay, Walmart, etc. She is the only full-time employee, but has a warehouse with around 10 people working part-time.

Unfortunately, because of her illness, the owner is not going to be able to provide much help in getting the business ready to sell, and there's no possibility of any family or existing employees taking over. So she needs to hire someone to make the most of what she's got, maybe multiple someones. Is a broker what she wants? A seller's agent? Someone to put documents in order to establish the business's value?
Please click Here to read the full story.
 
Other Top and Latest Questions:
Special Event: Rifftrax: Hunks of Junk
Can I really not take more than 1 dose of Excedrin Migraine per day?
What’s behind a big jump in January property tech funding
New York Gov. Hochul drops robotaxi service proposal for outside NYC in blow to Waymo
Democrats pick Virginia Gov. Spanberger to give State of the Union rebuttal
How do you do, fellow Canadian
Book: The Light Eaters
Gold and silver prices help turn Olympic medals into the most valuable in modern games' history
Three Silicon Valley engineers charged with stealing Google trade secrets and sending data to Iran
OpenAI and Anthropic’s rivalry on display as CEOs avoid holding hands at AI summit