Wholesale Importer of High End Watch Bands

Home / Listing / Wholesale Importer of High End Watch Bands

Sold

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




Michael S. Davidson, CBI, CM&AP, M&AMI
President, M&A Advisor
4551 Glencoe Ave., suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 101
Direct: 310-882-2200 ext 101
Lic#: 01257681




Miles M. Logothetis
Business Broker / M&A Advisor
4551 Glencoe Ave., suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 105
Direct: (310) 919-7477
Lic#: 01406738

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