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New Business For Sale: Specialized Apparel Manufacturer

August 28, 2018 by Dan Munter

Dan Munter just launched a new listing: Specialized Apparel Manufacturer Specialized Apparel Manufacturer Asking: $1,280,000 • Gross: $2,454,000 • Net: $326,000 The company has a very unique niche in the garment industry. This Los Angeles based company was established in 2000 during a time when a lot of local manufacturing started shifting their operations overseas. When these finished garments were shipped back to the US, the founder saw something he did not like. Many of these goods came back with imperfections. Realizing that it was not feasible to send them back for repair, the owner started this business to do the repairs in LA.  With such a large amount of apparel for the US coming through the LA Port, this business has been profitable from the beginning. The company never solicits business. They have no sales people or marketing budget. What they do have is a stellar reputation. 

New Business For Sale: Leading Fashion Public Relations and Fashion Collection

July 13, 2018 by Dan Munter

Dan Munter just launched a new listing: Leading Fashion Public Relations and Fashion Collection Leading Fashion Public Relations and Fashion Collection Asking: $1,200,000 • Gross: $393,731 • Net: $323,731 This company is the oldest and most experienced fashion Public Relations firm in Los Angeles. The company has very close relationships with every major fashion editor, designer and stylist in the Fashion and Entertainment Industry, not only in the US but all over the world. When designers want to see their creations worn by celebrities for everything from Red Carpet events or video and magazine  shoots or just a night on the town, they go to this company to make that happen. The business owns a one of a kind large collection of over 10,000 ready to wear Couture clothes, shoes and accessories which are rented out to celebrities and fashion conscious women in LA.  The clothing rental makes up for approximately 50% of the revenues. Dan Munter Email: dmunter@bizex.net

New BizEx Business For Sale: Highly Profitable Upscale Jewelry Store

November 20, 2015 by Dan Munter

New BizEx Business For Sale: Highly Profitable Upscale Jewelry Store Dan Munter just launched a new listing: http://www.bizex.net/listing/880 Highly Profitable Upscale Jewelry Store Asking: $2,000,000 * Gross: $1,331,196 * Net: $483,826 Voted by a trade publication as "one of the coolest stores in America", this boutique is located in the west part of Los Angeles surrounded by wealthy areas such as Santa Monica, Brentwood and Malibu. The store has been around for over 26 years. It continues to be very profitable with unusually high profit margins. It has very loyal clientele and a reputation for being a premier shopping destination for fashion-forward accessories, showcasing everything from one-of-a-kind baubles to modern staples, to their expertly-curated house line. The expertise of the staff has allowed the owner to work on an average of 2 days/week.

New BizEx Business For Sale: Insurance Agency

January 21, 2014 by Dan Munter

New BizEx Business For Sale: Insurance Agency Dan Munter just launched a new listing: http://www.bizex.net/listing/728 Insurance Agency Asking: $100,000 * Gross: $134,161 * Net: $85,280 This Los Angeles based insurance agency is priced to sell. The owner needs to move back to Israel and wants to make sure that a competent owner takes care of her clients. This is a boutique insurance agency serving southern California since 2000. They sell auto, home, health and commercial insurance but also they can help you to compare car insurance quotes. They have a large amount of repeat customers. This business is ideal for an existing agency looking to grow their business with this acquisition. The office is located in Sherman Oaks however it can easily be relocated.

New BizEx Business For Sale: Downtown restaurant

March 15, 2013 by Dan Munter

New BizEx Business For Sale: Downtown restaurant Dan Munter just launched a new listing: http://www.bizex.net/listing/634 Downtown restaurant Asking: $95,000 * Gross: $0 * Net: $0 Downtown Los Angeles location right in the heart of the Garment District. This establishment has been serving vendors and shoppers for over 15 years. The location has very high foot traffic plus vendors from the area rely on their delicious food for their breakfast and lunch meals. They also have a vibrant office and party catering menu. The kitchen is fully equipped. It comes with a pizza oven, a baking oven, a 4 burner gas stove, a char broiler, a flat top grill, a kabob gill, a mixer, a french fry fryer, a large hood, a large walk-in cooler plus other cooking supplies and equipment. The owner is selling this profitable restaurant due to health issues. It is priced to sell quickly.

New BizEx Business For Sale: Hair Replacement Company

March 04, 2013 by Dan Munter

New BizEx Business For Sale: Hair Replacement Company Dan Munter just launched a new listing: http://www.bizex.net/listing/615 Hair Replacement Company Asking: $695,000 * Gross: $572,853 * Net: $235,011 Los Angeles based company has served the large population of bald men since 1986. However, this is no ordinary hair replacement company. The company uses a proprietary method for creating hair pieces that are unlike anything offered elsewhere. The company has received accolades from press around the world. Here are a few excerpts: ABC News says this company "is a huge breakthrough enabling bald or balding men to maintain a full head of hair 24 hours a day or even weeks at a time.

Binding textile and trim manufacturer

November 14, 2012 by Dan Munter

New BizEx Business For Sale: Binding textile and trim manufacturer Dan Munter just launched a new listing: http://www.bizex.net/listing/582 Binding textile and trim manufacturer Asking: $895,000 * Gross: $1,492,975 * Net: $327,479 Los Angeles based apparel manufacturer has served the garment industry for over 56 years. The company specializes in the niche of creating trim, binding textiles, and bias tapes . Approximately 65% of there business is focused on the bathing suit market. It is vital to have exact measurements when constructing a bathing suit. Having a local manufacturer in the heart of the Los Angeles garment district is a big advantage over competition from countries like China. This a premier supplier to the diverse textile market place. They have over 300 clients and are the preferred supplier of quality products and services to small and large manufacturers.

Online Designer and Seller of Shoes

August 03, 2012 by Dan Munter

New BizEx Business For Sale: Online Designer and Seller of Shoes Dan Munter just launched a new listing: http://www.bizex.net/listing/545 Online Designer and Seller of Shoes Asking: $1,500,000 * Gross: $1,111,345 * Net: $554,825

Online niche textile sales

July 11, 2012 by Dan Munter

New BizEx Business For Sale: Online niche textile sales Dan Munter just launched a new listing: http://www.bizex.net/listing/485 Online niche textile sales Asking: $140,000 * Gross: $182,058 * Net: $56,098 This online business has carved a unique niche in the textile and fabric market. It deals in the reproduction of woven fabrics from the Arts & Crafts era which was an international design movement that flourished between 1860 and 1910. There is no other known company that offers woven fabrics from this era. The company owns the rights of many original patterns from this area which also gives them a unique advantage. The business is located in the Los Angeles area however it could be easily relocated. Approximately 60% of its sales come from online sales, 15% from trade shows and the remaining 25% are sold wholesale to various stores around the country. There are many ways to grow this business.

Children's Clothing Manufacturer

June 13, 2012 by Dan Munter

New BizEx Business For Sale: Children's Clothing Manufacturer Dan Munter just launched a new listing: http://www.bizex.net/listing/532 Children's Clothing Manufacturer Asking: $495,000 * Gross: $710,035 * Net: $148,653

Textile Importer and Distributor

April 25, 2012 by Dan Munter

New BizEx Business For Sale: Textile Importer and Distributor Dan Munter just launched a new listing: http://www.bizex.net/listing/481 Textile Importer and Distributor Asking: $1,495,000 * Gross: $1,419,031 * Net: $456,881 Located in the heart of the garment district in downtown Los Angeles, this very successful importer and distributor of textiles offers a buyer the opportunity to own either a successful business with or without prime real estate. This business has demonstrated strong and steady revenues and earnings in both good and bad economies. Over the past 15 years, the Sellers have created a very profitable business by dominating in the sports fabric market.

Garment Manufacturer/Investment Opportunity

April 19, 2012 by Dan Munter

New BizEx Business For Sale: Garment Manufacturer/Investment Opportunity Dan Munter just launched a new listing: http://www.bizex.net/listing/488 Garment Manufacturer/Investment Opportunity Asking: $5,000,000 * Gross: $0 * Net: $0

Wholesale Distributor-Swarovski crystal beads

January 27, 2012 by Dan Munter

New BizEx Business For Sale: Wholesale Distributor-Swarovski crystal beads Dan Munter just launched a new listing: http://www.bizex.net/listing/456 Wholesale Distributor-Swarovski crystal beads Asking: $3,900,000 * Gross: $1,005,000 * Net: $93,000 This business for sale is a Los Angeles based Wholesale Distributor of Swarovski crystal beads with domestic and international distribution. This is a very unique opportunity to buy into an industry with a very high barrier of entry. This 12 year business has a relationship with Swarovski which allows them to buy crystals for prices cheaper than their competition. The company has been able to pass that savings on to their clients which has resulted in a sterling reputation with very loyal customers.

Kosher Mediterranean Restaurant

January 13, 2012 by Dan Munter

New BizEx Business For Sale: Kosher Mediterranean Restaurant Dan Munter just launched a new listing: http://www.bizex.net/listing/444 Kosher Mediterranean Restaurant Asking: $200,000 * Gross: $372,000 * Net: $40,000 Well-known Kosher Mediterranean restaurant for sale for the first time in almost a decade. Has spacious indoor and patio dining areas, all for a very low rent of only $4200/mo. Seating capacity of approximately 117. This restaurant has been the locals' choice for banquets or private events. Plenty of free parking. Large kitchen. 2 ADA-compliant bathrooms. Has Type 41 Beer and Wine License. Restaurant location is in a busy shopping complex by Ventura Blvd and close to freeway exits. Found at the center of large Jewish communities in Encino, and Sherman Oaks, where there are also many synagogues, Hebrew schools and Jewish-run small businesses.

Kosher Sushi

January 12, 2012 by Dan Munter

New BizEx Business For Sale: Kosher Sushi Dan Munter just launched a new listing: http://www.bizex.net/listing/442 Kosher Sushi Asking: $120,000 * Gross: $282,000 * Net: $37,000 One of the very few Kosher Sushi bars in San Fernando Valley. Strategically located at the center of large Jewish communities in Encino, Woodland Hills and Sherman Oaks, where there are also many synagogues, Hebrew schools and Jewish-run small businesses. With its attractive location on Ventura Blvd, surrounded by office and medical buildings, there are plenty of opportunities to grow the business. Restaurant has ABC Type 41 Beer and Wine License. Has outside seating. Great street visibility and foot traffic. The Buyer of this establishment is under no obligation to keep the present format of Kosher Sushi. This attractive space could be made into any type of restaurant.

Recording Studio for Music and Audio Production

November 14, 2011 by Dan Munter

New BizEx Business For Sale: Recording Studio for Music and Audio Production Dan Munter just launched a new listing: http://www.bizex.net/listing/431 Recording Studio for Music and Audio Production Asking: $195,000 * Gross: $111,000 * Net: $65,000

Designer and Clothing Manufacturer

October 28, 2011 by Dan Munter

New BizEx Business For Sale: Designer and Clothing Manufacturer Dan Munter just launched a new listing: http://www.bizex.net/listing/408 Designer and Clothing Manufacturer Asking: $1,200,000 * Gross: $2,500,000 * Net: $450,000

HOW TO SELL YOUR BUSINESS WHEN YOU ARE THE KEY TO YOUR BUSINESS

August 11, 2011 by Dan Munter

In a perfect world, when owners decide to sell their business, a buyer will come forward and write a check for the full asking price. In the real world, this rarely happens. There are so many reasons why this rarely occurs.  In this blog, I want to focus on one of the most important issues. One of the biggest risks for a buyer is whether the business will survive without the seller’s presence, knowledge and relationships.  I want to give you some actual examples of businesses I have both recently sold and am in the process of selling.

Cooking School

July 26, 2011 by Dan Munter

Dan Munter just launched a new listing: http://www.bizex.net/listing/390 Cooking School Asking: $250,000 * Gross: $428,865 * Net: $0 This is an excellent opportunity to own one of the premiere cooking schools in Los Angeles. The location has a beautiful, state-of-the-art culinary studio with eight fully equipped kitchen workstations, each with its own oven, stove and kitchen aids. In a recent article in Angelino magazine, the school was described as, "an upscale culinary boutique with a specialty bakery, cooking classes and events space". Currently, approximately 85% of its revenues come from cooking classes and parties. 10% from catering and 5% from renting out the space for things like television shoots.

Wholesale Insurance broker

May 17, 2011 by Dan Munter

Dan Munter just launched a new listing: http://www.bizex.net/listing/316 Wholesale Insurance broker Asking: $550,000 * Gross: $3,025,062 * Net: $285,438 This business specializes in providing wholesale insurance brokerage services to a variety of retail insurance brokers across the United States of America in the Specialty Financial Products niche areas of Directors & Officers Liability, Employment Practices Liability, Errors & Omissions Liability and Comprehensive General Liability/Errors & Omissions Liability Insurance for Nursing Homes and other Long-Term Care Facilities. The company has a roster of approximately sixty retail insurance brokerage operations with whom they do business. Additionally, Quorum Risk has contracts with approximately forty-five insurers, with whom they place this business. Both sets of relationships have been built over two and a half decades and remain strong to this day.

Equipment Leasing Repos & Reseller

May 10, 2011 by Dan Munter

Dan Munter just launched a new listing: http://www.bizex.net/listing/367 Equipment Leasing Repos & Reseller Asking: $695,000 * Gross: $997,619 * Net: $216,402

5 Essential Items to Sell Your Business Quickly

June 03, 2010 by Dan Munter

As a business broker and as a former business owner, I know that the decision to sell a business is not easy. But once it is made, I know that usually the seller wants to sell it as soon as possible. I always tell a seller to pretend that they are the buyer looking at buying their business. What would they need to see to decide to buy the business? From my experience and my logic, I have come up with a list of 5 items that really facilitate the selling process. 1) Have  credible P&Ls for the past 3 years. 2) Have financial records to verify the value of the inventory and FF&E 3) Make sure that the key employees will stay employed 4) Make sure that the landlord is willing to lease for reasonable terms 5) Make sure that the key customers will continue to buy services or products.

Can positive thinking really make a difference?

April 16, 2010 by Dan Munter

Recently I was interviewed for an upcoming video called “Success Can be Simple”. All of us who deal in the world of business may agree that success can be simple, but most of us know in reality that it rarely is. Many of us are confronted with obstacles on a daily basis that are not of our own making. We may have the best business plans in place, yet often find ourselves dealing with problems that distract us from following those plans. We may have goals to grow our business but spend every day feeling overwhelmed. In the enclosed video I tell a story that I hope you find both inspiring and educational. The first video is only 6 minutes long. I am interviewed in the last 3 minutes if you want to fast forward to my story.. If you find this helpful, please let me know.

BUYING A BUSINESS WITHOUT THE EMOTION

March 30, 2010 by Dan Munter

Buying a business has many similarities to buying a stock. They both require appraising the value of a company to make sure that you buy at a price which will give you the ability to grow your investment and earn an income (dividend). A careful analysis will use many of the same tools for appraisal. Both buyers will look at the multiple of earnings (P/E ratio), the multiple of revenues (p/s ratio). They will also look at macro trends within the industry of the business/stock and within the general economy. They will both look at what is the barrier of entry into the business.

BOSS Theory- What small business buyer should look for

March 23, 2010 by Dan Munter

I recently participated in a Webinar on How to Buy a Business by industry expert Richard Parker (Diomo.com) and one of the topics discussed really hit home for me... There are 4 qualities of a business that will help a new small business succeed with his new purchase. The 4 components can be remembered with the anagram called the BOSS Theory: B-Bland. A business that is today's 'hot new business" will become the 'out of style business' of tomorrow. A bland business is less vulnerable to fads and innovation. O- Operational sound. Buying a turn-around business is very risky. There are people who specialize in turning around companies. It really takes a different skill set then simply running a business. There are enough challenges in taking over a business without having to engineer a turn around.