Profitable Delivery Service - Garment Industry

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Background

BizEx ID:BizEx381-SM
General Location:Los Angeles, CA
Category: Wholesale/Distribution
Apparel & Finished Fabrics
Years in Business:25
Under Present Owner:25
Hours of Operation:M-F
Owner Hours:Full-time
Training:2 weeks @ 10 hours
Organization Type:
Lease Expiration:3-31-2013
Lease Options:2 - 5 yr Options -
Building Size:4,400
Employees:5
Reason for Sale:Owner opened another business in different industry

Financials

Asking Price:$299,950
Down Payment:Negotiable
Gross Sales:$503,500
Discretionary Cash Flow:$144,900
FF&E:$120,000
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$2,600
Payroll:$10
Financing:Call

FY 09/10 FY 08/09 FY 08/07
Gross Sales $ 503,500 $ 467,668 $ 518,855
Gross Profit $ 503,500 $ 467,668 $ 518,855
Disc. Earnings $ 144,900 $ 161,617 $ 191,455




Shelli Margolin
Business Broker
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 128
Direct: 310-882-2200 x128
Lic#: 00902695

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