How to sell an e-comm business

Post date: 2023-03-23 07:24:09
Views: 237
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:
We're protecting big profits in tech, and buying more non-tech in this oversold market
Movie: Interstate 60
EU Package Forwarder?
Carer Stress vs The Stress of Needing Care
phone games that get you into flow state
How to teach an adult to parallel park?
Altman and Amodei expected to join UN Security Council meeting about AI
Peloton is revamping its treadmills with new features in the next phase of its turnaround
Autonomous trucking company Aurora looks to accelerate toward profitability
DraftKings CEO doesn’t know why his stock loves bad prediction market news. Wall Street says it’s rational