Clothing Manf 30+ yrs LA. Women's Line

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Background

BizEx ID:BizEx1388-EM
General Location:Los Angeles, CA
Category: Business Services (B2B)
Apparel & Finished Fabrics
Years in Business:32
Under Present Owner:32
Hours of Operation:8 - 5, M - F
Owner Hours:Varies
Training:4 weeks @ 30 hours
Organization Type:S-Corp
Lease Expiration:Buyer to sign a lease
Lease Options:Seller Owns, Offer Lease
Building Size:7000
Employees:4
Reason for Sale:Retirement

Financials

Asking Price:$600,000
Down Payment:Negotiable
Gross Sales:$900,000
Discretionary Cash Flow:$245,000
FF&E:$30,000
Inventory Included?Yes
Inventory:$50,000
Min. Operating Capital:TBD
Real Estate Available?No
Rent:$7,000
Payroll:$3,300
Financing:SBA

2021
Gross Sales $ 900,000
Gross Profit $ 538,000
Disc. Earnings $ 245,000




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#: 01220802




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

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