Luxury Linen Rental Company

Home / Listing / Luxury Linen Rental Company

Background

BizEx ID:BizEx1235-DM
General Location:Los Angeles, CA
Category: Apparel & Finished Fabrics
Entertainment
Years in Business:29
Under Present Owner:29
Hours of Operation:8
Owner Hours:variable
Training:as many as necessary weeks @ hours
Organization Type:S-Corp
Lease Expiration:Negotiable
Lease Options:Negotiable
Building Size:9500 sq. ft.
Employees:10
Reason for Sale:Owner wants time to pursue new projects, but will stay on for extended period of time if necessary, to train and facilitate transition of ownership. .

Financials

Asking Price:$790,000
Down Payment:Negotiable
Gross Sales:Call
Discretionary Cash Flow:$194,338
FF&E:
Inventory Included?Yes
Inventory:$1,500,000
Min. Operating Capital:
Real Estate Available?No
Rent:$11,000
Financing:Call

2018 2017 2016
Gross Sales $ 761,132 $ 758,174 $ 786,500
Gross Profit $ $ $
Disc. Earnings $ 194,338 $ 168,271 $ 179,316




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