Boutique, Alterations & Dry Cleaners

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Background

BizEx ID:BizEx454-TP
General Location:Tarzana, CA
Category: Apparel & Accessory Stores
Dry Cleaning/Laundry
Years in Business:18
Under Present Owner:18
Hours of Operation:10-5, Mon-Sat
Owner Hours:10-5, Mon-Sat
Training:2 weeks @ 10 hours
Organization Type:
Lease Expiration:Month-Month
Lease Options:
Building Size:1,000
Employees:2
Reason for Sale:Needs to look after ailing family members.

Financials

Asking Price:$90,000
Down Payment:Negotiable
Gross Sales:$75,000
Discretionary Cash Flow:$40,000
FF&E:$14,350
Inventory Included?
Inventory:$5,000
Min. Operating Capital:
Real Estate Available?No
Rent:$2,500
Payroll:$400
Financing:Call

2011** 2010 2009
Gross Sales $ 75,000 $ 75,000 $ 75,000
Gross Profit $ 42,400 $ 40,850 $ 35,405
Disc. Earnings $ 40,000 $ 40,000 $ 35,000




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