This listing is: Off Market
Background
| BizEx ID: | BizEx429-TP |
| General Location: | Tarzana, CA |
| Category: |
Apparel & Accessory Stores
Apparel & Finished Fabrics
|
| Years in Business: | 12 |
| Under Present Owner: | 12 |
| Hours of Operation: | Tu-F 9-5, Sat 10-4 |
| Owner Hours: | Tu-F 9-5, Sat 10-4 |
| Training: | 4 weeks @ 40 hours |
| Organization Type: | |
| Lease Expiration: | Expired |
| Lease Options: | Landlord Flexible |
| Building Size: | 550 |
| Employees: | 2 |
| Reason for Sale: | Retirement due to poor health. |
Financials
| Asking Price: | $45,000 |
| Down Payment: | Negotiable |
| Gross Sales: | $36,000 |
| Discretionary Cash Flow: | $24,240 |
| FF&E: | $3,000 |
| Inventory Included? | |
| Inventory: | $1,000 |
| Min. Operating Capital: | $1,500 |
| Real Estate Available? | No |
| Rent: | $750 |
| Payroll: | $170 |
|---|
| Financing: | None |
|
2011** | 2010 | 2009 |
| Gross Sales |
$ 36,000 | $ 41,952 | $ 29,756 |
| Gross Profit |
$ 36,000 | $ 32,558 | $ 29,756 |
| Disc. Earnings |
$ 24,240 | $ 21,718 | $ 14,707 |