This listing is: Off Market
Background
BizEx ID: | BizEx13-MD |
General Location: | Santa Monica, CA |
Category: |
Apparel & Accessory Stores
|
Years in Business: | 23 |
Under Present Owner: | 23 |
Hours of Operation: | Tues-Sat, 11-6 |
Owner Hours: | Tues-Sat, 10-7 |
Training: | 2 weeks @ 30 hours |
Organization Type: | |
Lease Expiration: | 11/01/07 |
Lease Options: | 2, 3&5 years |
Building Size: | 650 |
Employees: | 5 |
Reason for Sale: | Pursue Other Interests |
Financials
Asking Price: | $350,000 |
Down Payment: | $250,000 |
Gross Sales: | $641,195 |
Discretionary Cash Flow: | $159,775 |
FF&E: | $500,000 |
Inventory Included? | |
Inventory: | |
Min. Operating Capital: | $50,000 |
Real Estate Available? | No |
Rent: | $7,863 |
Payroll: | $12 |
---|
Financing: | Seller |