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 |