Textile Importer and Distributor

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This listing is: Off Market

Background

BizEx ID:BizEx481-DM
General Location:Los Angeles, CA
Category: Wholesale/Distribution
Non Durable Goods
Years in Business:15
Under Present Owner:15
Hours of Operation:8 am to 6 pm
Owner Hours:8 am to 6 pm
Training:None
Organization Type:
Lease Expiration:negotiable
Lease Options:
Building Size:12,700
Employees:2
Reason for Sale:Owners want to concentrate on their commerical building holdings

Financials

Asking Price:$500,000
Down Payment:Negotiable
Gross Sales:$919,031
Discretionary Cash Flow:$358,881
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$7,400
Financing:Seller

2011 2010 2009
Gross Sales $ 919,031 $ 952,110 $ 827,664
Gross Profit $ 552,834 $ 468,843 $ 524,535
Disc. Earnings $ 358,881 $ 300,324 $ 358,219

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