Business for Sale

Los Angeles based distributor of buttons,costume jewlery,trim and beads

BizEx181-DM

Background

General Location:Los Angeles, CA
Category: Wholesale/Distribution
Miscellaneous Retail
Years in Business:15
Under Present Owner:15
Hours of Operation:
Owner Hours:
Training:4 weeks @ 40 hours
Organization Type:
Lease Expiration:m2m
Lease Options:
Building Size:12,000
Employees:10
Reason for Sale:owner is 68 and wants to retire.

Financials

Asking Price:$650,000
Down Payment:Negotiable
Gross Sales:$600,000
Discretionary Cash Flow:$230,000
FF&E:$25,000
Inventory Included?
Inventory:$5,000,000
Min. Operating Capital:$25,000
Real Estate Available?No
Rent:$8,200
Payroll:$10
Financing:Call

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Dan Munter
Business Broker
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 121
Direct: (310) 722-1138
Lic#: 01871136