LA Based Clothing Manufacture. Women's. LA 37 yrs

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Background

BizEx ID:BizEx1299-EM
General Location:Los Angeles, CA
Category: Wholesale/Distribution
Apparel & Finished Fabrics
Years in Business:37
Under Present Owner:37
Hours of Operation:9-5, M-F
Owner Hours:Varies
Training:4 weeks @ 40 hours
Organization Type:S-Corp
Lease Expiration:M2M
Lease Options:Yes
Building Size:1500
Employees:5
Reason for Sale:Retirement

Financials

Asking Price:$226,000
Down Payment:Negotiable
Gross Sales:$300,000
Discretionary Cash Flow:$150,000
FF&E:$20,000
Inventory Included?Yes
Inventory:$50,000
Min. Operating Capital:
Real Estate Available?No
Rent:$1,450
Payroll:$6,000
Financing:Other




Eric Mellem
Business Broker/ M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 1220802




Dan Higgins
Marketing Consultant License #02114580
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 166
Direct: (714) 719-1809
Lic#: 02114580

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