Shoe Wholesale IMMEDIATE LIQUIDATION

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Background

BizEx ID:BizEx335-SM
General Location:Downtown Los Angeles, CA
Category: Durable Goods
Apparel & Accessory Stores
Years in Business:59
Under Present Owner:30
Hours of Operation:7:30am - 2:30 pm
Owner Hours:7:30 am - 2:30 pm
Training:12 weeks @ 20 hours
Organization Type:
Lease Expiration:12/31/2012
Lease Options:2 - 12 month extensions
Building Size:2,390
Employees:0
Reason for Sale:Retirement

Financials

Asking Price:$40,000
Down Payment:Negotiable
Gross Sales:Call
Discretionary Cash Flow:$9,511
FF&E:$3,000
Inventory Included?
Inventory:$160,000
Min. Operating Capital:
Real Estate Available?No
Rent:$1,900
Financing:Call

2010 2009 2008
Gross Sales $ 57,647 $ 92,006 $ 110,796
Gross Profit $ 38,059 $ 51,747 $ 70,247
Disc. Earnings $ 9,511 $ 22,566 $ 53,175

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