Designer and Clothing Manufacturer

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Background

BizEx ID:BizEx408-DM
General Location:Commerce, CA
Category: Apparel & Finished Fabrics
Years in Business:8
Under Present Owner:8
Hours of Operation:
Owner Hours:
Training:None
Organization Type:
Lease Expiration:2014 w/options
Lease Options:5 years plus
Building Size:18,500
Employees:15
Reason for Sale:Owner going through a divorce

Financials

Asking Price:$1,200,000
Down Payment:Negotiable
Gross Sales:$2,500,000
Discretionary Cash Flow:$450,000
FF&E:$1,000,000
Inventory Included?
Inventory:$200,000
Min. Operating Capital:$200,000
Real Estate Available?No
Rent:$13,933
Payroll:$20
Financing:Call

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




Dan Munter
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 121
Direct: (310) 722-1138
Lic#: 01871136

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