Leading Fashion Public Relations and Fashion Collection

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Background

BizEx ID:BizEx1180-DM
General Location:Los Angeles, CA
Category: Media, Communications, Advertising, Marketing, Production & PR
Entertainment
Years in Business:26
Under Present Owner:26
Hours of Operation:M-F 9:30-5:00
Owner Hours:
Training:4 weeks @ 30 hours
Organization Type:S-Corp
Lease Expiration:
Lease Options:
Building Size:
Employees:1
Reason for Sale:After 30 years, owner wants to retire

Financials

Asking Price:$830,000
Down Payment:Negotiable
Gross Sales:$393,731
Discretionary Cash Flow:$323,731
FF&E:
Inventory Included?Yes
Inventory:$988,000
Min. Operating Capital:
Real Estate Available?No
Rent:$2,500
Payroll:$2,500

2017 2016 2015
Gross Sales $ 393,731 $ 288,804 $ 424,173
Gross Profit $ $ $ 351,292
Disc. Earnings $ 323,731 $ 242,595 $ 195,185

Description

This company is the oldest and most experienced fashion Public Relations firm in Los Angeles. The company has very close relationships with every major fashion editor, designer and stylist in the Fashion and Entertainment Industry, not only in the US but all over the world. When designers want to see their creations worn by celebrities for everything from Red Carpet events or video and magazine  shoots or just a night on the town, they go to this company to make that happen.  Their spectrum of clients spread from high end fashion brands to promising talented artisan designers. This combination brings an unlimited business growth potential .The business also owns a one of a kind large collection of over 10,000 ready to wear Couture clothes, shoes and accessories which are rented out to celebrities and fashion conscious women in LA.  The clothing rental makes up for approximately 50% of the revenues. They have also added a new photo shoot studio which is already turning in a profit.


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Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.




Dan Munter
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 121
Direct: (310) 722-1138
Lic#: 01871136

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations