Wall Street Journal featured Famous Tailor Store in Upscale Area $$$

Home / Listing / Wall Street Journal featured Famous Tailor Store in Upscale Area $$$

Background

BizEx ID:BizEx1300-BJ
General Location:Los Angeles, CA
Category: Apparel & Accessory Stores
Other Business Services
Years in Business:37
Under Present Owner:24
Hours of Operation:9am - 5pm
Owner Hours:9am - 5pm
Training:None
Organization Type:
Lease Expiration:
Lease Options:
Building Size:
Employees:6
Reason for Sale:Retirement

Financials

Asking Price:$300,000
Down Payment:$50,000
Gross Sales:$265,786
Discretionary Cash Flow:$112,300
FF&E:
Inventory Included?Yes
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:
Payroll:$14
Financing:Other

2020 2019 2018
Gross Sales $ 94,373 $ 163,679 $ 175,608
Gross Profit $ $ $
Disc. Earnings $ 70,879 $ 114,964 $ 124,337




Betty Jong
Business Broker / M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 161
Direct: 310-882-2200 X161
Lic#: 01916702

OFF MARKET

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