This listing is: Off Market
Background
| BizEx ID: | BizEx408-DM |
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| General Location: | Commerce, CA |
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| Category: |
Apparel & Finished Fabrics
|
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| Years in Business: | 8 |
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| Under Present Owner: | 8 |
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| Hours of Operation: | |
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| Owner Hours: | |
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| Training: | None |
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| Organization Type: | |
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| Lease Expiration: | 2014 w/options |
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| Lease Options: | 5 years plus |
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| Building Size: | 18,500 |
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| Employees: | 15 |
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| Reason for Sale: | Owner going through a divorce |
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Financials
| Asking Price: | $1,200,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $2,500,000 |
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| Discretionary Cash Flow: | $450,000 |
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| FF&E: | $1,000,000 |
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| Inventory Included? | |
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| Inventory: | $200,000 |
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| Min. Operating Capital: | $200,000 |
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| Real Estate Available? | No |
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| Rent: | $13,933 |
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| Payroll: | $20 |
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| Financing: | Call |
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|
1/1/12-6/30/121/11 | 2011 |
| Gross Sales |
$ 1,357,762 | $ 2,409,344 |
| Gross Profit |
$ 538,847 | $ 966,416 |
| Disc. Earnings |
$ 323,451 | $ 505,444 |
