Privately held BJ’s Wholesale Club, the members-only warehouse retailer, is preparing for a sale and e-commerce giant Amazon (AMZN) is reportedly eyeing it, according to the New York Post.

After ditching plans to take BJ’s public amid the growing decline in the retail industry, the company’s private equity parents, CVC Capital Partners and Leonard Green & Partners, are pushing the company to sell itself. BJ’s could be worth around $4 billion, sources told the Post.

BJ’s was taken private by CVC and Leonard Green in 2011 in a $2.8 billion buyout. That year, Walmart (WMT) had also made a play for BJ’s, but was unsuccessful.

The interested buyers this time around include private equity firms KKR, Bain Capital, TPG Capital and Blackstone Group as well as Amazon. Walmart is not going to make a second attempt at a BJ’s takeover, according to the Post.

“As a matter of policy, BJ’s Wholesale Club does not comment on rumors and speculation,” BJ’s spokesman Kirk Saville said in an email.

Amazon did not return a request for comment.

Here are three reasons why Amazon should eat up BJ’s.

Amazon needs a bricks-and-mortar presence.

Unarguably the number one benefit…