Is buying a small Amazon store complicated?
A friend has a small Amazon bookstore (about 400 book inventory) that she has offered to sell me at a good price. But from what I've read, transferring store ownership isn't simple. It would be an asset purchase, not an LLC transfer. Gemini claims the following, but other sources tell me it's not this easy:
* **Do Not Delete Anything:** Leave the inventory exactly as it is.
* **Gain Admin Access First:** Have the seller go to `Settings > User Permissions` and add your email address as a user with full administrative rights. Log in from your computer to accept this invitation.
* **Trigger the Tax Interview:** Navigate to `Settings > Account Info > Legal Entity` and start the new Tax Interview. This is where you input your own Social Security Number or new LLC EIN.
* **Update the Bank Info Last:** Once Amazon verifies your tax information, update the bank account details to yours so future payouts route correctly.
Would I be setting myself up for a huge headache by buying the store? I don't want Amazon to shut the store for violating TOS, etc.