Manufacturer of Promotional Apparel and Custom Embellsihments
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Background
| BizEx ID: | BizEx419-ML |
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| General Location: | Los Angeles, CA |
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| Category: |
Wholesale/Distribution
Apparel & Finished Fabrics
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| Years in Business: | 10 |
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| Under Present Owner: | 10 |
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| Hours of Operation: | M-F 8:30-5:30 |
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| Owner Hours: | 40-50 hours/ week |
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| Training: | 4 weeks @ 20 hours |
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| Organization Type: | |
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| Lease Expiration: | 3/3/2012 |
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| Lease Options: | |
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| Building Size: | 2,434 |
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| Employees: | 8 |
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| Reason for Sale: | School for art |
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Financials
| Asking Price: | $250,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $591,405 |
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| Discretionary Cash Flow: | $87,771 |
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| FF&E: | $35,560 |
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| Inventory Included? | |
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| Inventory: | |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $2,212 |
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| Financing: | Call |
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|
2009 | 2010 |
| Gross Sales |
$ 655,311 | $ 591,405 |
| Gross Profit |
$ | $ |
| Disc. Earnings |
$ | $ |
Miles M. Logothetis
Business Broker / M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 105
Direct: (310) 919-7477
Lic#: 01406738
