Manufacturer and Wholesaler of Children's Formal Wear and Hosiery
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Background
| BizEx ID: | BizEx82-ML |
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| General Location: | Los Angeles, CA |
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| Category: |
Wholesale/Distribution
Apparel & Finished Fabrics
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| Years in Business: | 25 |
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| Under Present Owner: | 5.5 |
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| Hours of Operation: | M-F 8:30AM to 5:00PM |
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| Owner Hours: | 40 hrs/wk |
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| Training: | 4 weeks @ 20 hours |
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| Organization Type: | |
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| Lease Expiration: | 9/30/2013 |
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| Lease Options: | |
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| Building Size: | 5,664 |
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| Employees: | 7 |
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| Reason for Sale: | Partner is relocating |
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Financials
| Asking Price: | $540,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $489,909 |
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| Discretionary Cash Flow: | $46,831 |
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| FF&E: | $30,000 |
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| Inventory Included? | |
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| Inventory: | $538,000 |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $4,120 |
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| Financing: | Call |
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|
2010 | 2011 | Jun 2012 |
| Gross Sales |
$ 542,279 | $ 698,494 | $ 489,909 |
| Gross Profit |
$ 239,313 | $ 294,572 | $ 245,864 |
| Disc. Earnings |
$ | $ | $ 46,831 |
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
OFF MARKET
