Wholesale Importer of High End Watch Bands
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Background
| BizEx ID: | BizEx30-MD |
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| General Location: | Los Angeles, CA |
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| Category: |
Wholesale/Distribution
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| Years in Business: | 23 |
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| Under Present Owner: | 23 |
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| Hours of Operation: | 8am-4:45pm, M-F |
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| Owner Hours: | 7 hrs/day |
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| Training: | 4 weeks @ 20 hours |
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| Organization Type: | |
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| Lease Expiration: | 08/01/10 |
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| Lease Options: | 1-3yr |
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| Building Size: | 1,100 |
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| Employees: | 2 |
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| Reason for Sale: | Retirement |
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Financials
| Asking Price: | $650,000 |
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| Down Payment: | $650,000 |
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| Gross Sales: | $545,666 |
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| Discretionary Cash Flow: | $189,458 |
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| FF&E: | $30,000 |
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| Inventory Included? | |
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| Inventory: | $350,000 |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $2,100 |
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| Payroll: | $4 |
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| Financing: | Call |
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Michael S. Davidson, CBI, CM&AP, M&AMI
President, M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 101
Direct: 310-882-2200 ext 101
Lic#: 01257681
Miles M. Logothetis
Business Broker / M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 105
Direct: (310) 919-7477
Lic#: 01406738
