How to sell an e-comm business

Post date: 2023-03-23 07:24:09
Views: 223
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:
Bessent's bond gambit aimed at calming markets is instead stirring inflation worries
Ken Griffin says Citadel unwound more than 80% of risk tied to Situational Awareness portfolio
Boeing engineers, technical workers reject contract offer
U.S. military says it aided passage of 660 million barrels of oil through Strait of Hormuz since May
Bitcoin surges 22% for the week as investor optimism floods back
Star Trek: Strange New Worlds: Level-Five Transporter Accident
Book: The Lives Of The Muses: Nine Women & the Artists They Inspired
Stargate SG-1: Sentinel Rewatch
Movie: The Swindle
The Bombing of Pan Am 103: The Bombing of Pan Am 103 (all episodes)