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Sold

Shoe Wholesale IMMEDIATE LIQUIDATION

BizEx335-SM

Background

General Location:Downtown Los Angeles, CA
Category: Durable Goods
Apparel & Accessory Stores
Years in Business:59
Under Present Owner:30
Hours of Operation:7:30am - 2:30 pm
Owner Hours:7:30 am - 2:30 pm
Training:12 weeks @ 20 hours
Organization Type:
Lease Expiration:12/31/2012
Lease Options:2 - 12 month extensions
Building Size:2,390
Employees:0
Reason for Sale:Retirement

Financials

Asking Price:$40,000
Down Payment:Negotiable
Gross Sales:Call
Discretionary Cash Flow:$9,511
FF&E:$3,000
Inventory Included?
Inventory:$160,000
Min. Operating Capital:
Real Estate Available?No
Rent:$1,900
Financing:Call

2010 2009 2008
Gross Sales $ 57,647 $ 92,006 $ 110,796
Gross Profit $ 38,059 $ 51,747 $ 70,247
Disc. Earnings $ 9,511 $ 22,566 $ 53,175

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Shelli Margolin
Business Broker
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 128
Direct:
Lic#: 00902695