Wholesale Distributor-Swarovski crystal beads
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Background
| BizEx ID: | BizEx456-DM |
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| General Location: | Los Angeles, CA |
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| Category: |
Wholesale/Distribution
Jewelry Design and Sales
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| Years in Business: | 12 years |
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| Under Present Owner: | 12 years |
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| Hours of Operation: | M-F 10-5 |
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| Owner Hours: | M-F 10-5 |
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| Training: | 4 weeks @ 40 hours |
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| Organization Type: | |
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| Lease Expiration: | 2015 w/options |
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| Lease Options: | 2 Five year renwable options |
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| Building Size: | 2,600 |
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| Employees: | 3 |
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| Reason for Sale: | Seller is pursuing other business opportunity |
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Financials
| Asking Price: | $2,590,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $1,005,000 |
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| Discretionary Cash Flow: | $93,000 |
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| FF&E: | $120,000 |
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| Inventory Included? | |
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| Inventory: | $3,200,000 |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $3,800 |
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| Payroll: | $4 |
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| Financing: | Call |
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|
2010 | 2009 | 2008 |
| Gross Sales |
$ 1,046,491 | $ 1,413,359 | $ 1,605,852 |
| Gross Profit |
$ 287,675 | $ 317,697 | $ 1,230,538 |
| Disc. Earnings |
$ 92,543 | $ 97,995 | $ 143,697 |
Dan Munter
Business Broker / M&A Advisor
4640 Admiralty Way, Suite 500
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 121
Direct: (310) 722-1138
Lic#: 01871136
OFF MARKET
