How to sell an e-comm business

Post date: 2023-03-23 07:24:09
Views: 147
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:
Apple's elevation of silicon head Johny Srouji signals sprint to build in-house chips for all devices
DOJ charges Southern Poverty Law Center with fraud over secret funding of extremist groups
Marvell stands to gain from boosted Amazon-Anthropic partnership
Alaska Air pulls forecast as Iran-linked fuel surge hits margins
Movie: My Life as a Dog
Movie: The Stranger
Hormuz is just a ‘dry run’ if China and U.S. go to war in the Pacific, Singapore foreign minister warns
Big Mistakes: Big Mistakes
SpaceX says it can buy Cursor later this year for $60 billion or pay $10 billion for 'our work together'
European stocks set to open lower as Trump refuses to lift Strait of Hormuz blockade