Investment Opportunity: Established Garment
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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 |
