Wholesale Distributor-Swarovski crystal beads

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This listing is: Off Market

Background

BizEx ID:BizEx456-DM
General Location:Los Angeles, CA
Category: Wholesale/Distribution
Jewelry Design and Sales
Years in Business:12 years
Under Present Owner:12 years
Hours of Operation:M-F 10-5
Owner Hours:M-F 10-5
Training:4 weeks @ 40 hours
Organization Type:
Lease Expiration:2015 w/options
Lease Options:2 Five year renwable options
Building Size:2,600
Employees:3
Reason for Sale:Seller is pursuing other business opportunity

Financials

Asking Price:$2,590,000
Down Payment:Negotiable
Gross Sales:$1,005,000
Discretionary Cash Flow:$93,000
FF&E:$120,000
Inventory Included?
Inventory:$3,200,000
Min. Operating Capital:
Real Estate Available?No
Rent:$3,800
Payroll:$4
Financing:Call

2010 2009 2008
Gross Sales $ 1,046,491 $ 1,413,359 $ 1,605,852
Gross Profit $ 287,675 $ 317,697 $ 1,230,538
Disc. Earnings $ 92,543 $ 97,995 $ 143,697

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