Custom Alterations - West SFV

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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




Tom Plotkin
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 127
Direct: (818) 585-4215
Lic#: 01895229

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