Wholesale Importer of Luxury Watch Bands - Los
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Background
| BizEx ID: | BizEx30-MD |
|---|---|
| General Location: | Los Angeles, CA |
| Category: |
Wholesale/Distribution |
| Years in Business: | 23 |
| Under Present Owner: | 23 |
| Hours of Operation: | 8am-4:45pm, M-F |
| Owner Hours: | 7 hrs/day |
| Training: | 4 weeks @ 20 hours |
| Organization Type: | |
| Lease Expiration: | 08/01/10 |
| Lease Options: | 1-3yr |
| Building Size: | 1,100 |
| Employees: | 2 |
| Reason for Sale: | Retirement |
Financials
| Asking Price: | $650,000 |
|---|---|
| Down Payment: | $650,000 |
| Gross Sales: | $545,666 |
| Discretionary Cash Flow: | $189,458 |
| FF&E: | $30,000 |
| Inventory Included? | |
| Inventory: | $350,000 |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $2,100 |
| Payroll: | $4 |
| Financing: | Call |
