Sold Business

Sold

Online niche textile sales

BizEx485-DM

Background

General Location:Hawthorne, CA
Category: Consumer Services (B2C)
Apparel & Finished Fabrics
Years in Business:12
Under Present Owner:12
Hours of Operation:M-F 9 to 5
Owner Hours:9am to 1pm
Training:4 weeks @ 4 hours
Organization Type:
Lease Expiration:month to month
Lease Options:
Building Size:1,800
Employees:1
Reason for Sale:63 year old wants to move to Costa Rica

Financials

Asking Price:$140,000
Down Payment:Negotiable
Gross Sales:$182,058
Discretionary Cash Flow:$73,169
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$1,550
Financing:Call

2011 2010 2009
Gross Sales $ 182,058 $ 194,698 $ 192,378
Gross Profit $ 151,739 $ 153,794 $ 143,127
Disc. Earnings $ 73,169 $ 71,779 $ 65,942

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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