Specialized Apparel Manufacturer

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This listing is: Expired

Background

BizEx ID:BizEx1209-DM
General Location:Los Angeles, CA
Category: Miscellaneous Repair
Apparel & Finished Fabrics
Years in Business:19
Under Present Owner:19
Hours of Operation:M-F
Owner Hours:
Training:8 weeks @ 20 hours
Organization Type:S-Corp
Lease Expiration:1 years
Lease Options:1 years
Building Size:42,000 sq. ft.
Employees:50
Reason for Sale:owner is 76 and wants to retire

Financials

Asking Price:$800,000
Down Payment:Negotiable
Gross Sales:$2,409,947
Discretionary Cash Flow:Call
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$40,000
Financing:SBA

1/1/19-8/31/19 2018 2017
Gross Sales $ 1,926,115 $ 2,409,947 $ 2,454,232
Gross Profit $ $ $
Disc. Earnings $ 255,459 $ 158,970 $ 376,073

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