Santa Monica Jewelry Store

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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

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