How to sell an e-comm business

Post date: 2023-03-23 07:24:09
Views: 123
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:
Google joins Microsoft in telling users Anthropic is still available outside defense projects
Robinhood's venture fund, which gives investors access to private companies, tanks 11% on first day
Iran's internet blackout extends into second week: NetBlocks
En suite bath vs hall bath in one-bedroom apartment?
Why would potholes appear disproportionately between the wheel tracks?
Book: Purgatorio: Canto 08
The Pitt: 3:00 P.M.
Movie: Cold Storage
Will Iran war fallout end the bull market? When investors really need to worry
This homebuilding play is one of the most oversold stocks amid this week’s market turmoil