This listing is: Off Market
Background
| BizEx ID: | BizEx1050-EM |
| General Location: | Los Angeles, CA |
| Category: |
Apparel & Accessory Stores
Miscellaneous Retail
|
| Years in Business: | 5 |
| Under Present Owner: | 5 |
| Hours of Operation: | 9-6 |
| Owner Hours: | 9-6 |
| Training: | 2 weeks @ 20 hours |
| Organization Type: | Partnership |
| Lease Expiration: | |
| Lease Options: | |
| Building Size: | NA |
| Employees: | 3 |
| Reason for Sale: | Other Opportunities |
Financials
| Asking Price: | $99,000 |
| Down Payment: | Negotiable |
| Gross Sales: | $200,000 |
| Discretionary Cash Flow: | $40,000 |
| FF&E: | $2,000 |
| Inventory Included? | Yes |
| Inventory: | $7,000 |
| Min. Operating Capital: | $5,000 |
| Real Estate Available? | No |
| Rent: | NA |
| Financing: | Buyer |
|
2016 | 2015 | 2014 |
| Gross Sales |
$ 264,000 | $ 386,000 | $ 474,000 |
| Gross Profit |
$ 130,000 | $ 180,000 | $ 235,000 |
| Disc. Earnings |
$ 40,000 | $ 38,000 | $ 64,000 |