Garment Manufacturer / Investment Opportunity

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This listing is: Off Market

Background

BizEx ID:BizEx488-DM
General Location:Vernon, CA
Category: Non Durable Goods
Apparel & Finished Fabrics
Years in Business:18
Under Present Owner:18
Hours of Operation:24 hours
Owner Hours:40 hours
Training:None
Organization Type:
Lease Expiration:2015
Lease Options:w/ 5 year option
Building Size:25,000
Employees:31
Reason for Sale:Cash flow problems forcing owners to raise sell equity.

Financials

Asking Price:$2,000,000
Down Payment:Negotiable
Gross Sales:$2,869,721
Discretionary Cash Flow:$439,154
FF&E:$2,000,000
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$12,875
Payroll:$68
Financing:Call

2011 2010 2009
Gross Sales $ 2,869,721 $ 3,454,599 $ 4,378,091
Gross Profit $ 1,788,201 $ $
Disc. Earnings $ 439,154 $ 1,517,800 $ 112,640

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