How to sell an e-comm business

Post date: 2023-03-23 07:24:09
Views: 109
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:
Small furniture retailers face existential tariff threat, regardless of Supreme Court ruling
New York Gov. Hochul drops robotaxi service proposal for outside NYC in blow to Waymo
House Democrats call for Treasury probe into Trump family crypto venture
How do you do, fellow Canadian
And then.. everyone hides and yells 'surprise??'
The Pitt: 1:00 P.M.
Gold and silver prices help turn Olympic medals into the most valuable in modern games' history
'Canary in the coal mine': Blue Owl liquidity curbs fuel fears about private credit bubble
These stocks can insulate investors from AI risk — and they pay dividends, says Jenny Harrington
Japan inflation falls below BOJ's 2% target for first time since March 2022