Celebrity Tailor Shop in WLA

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Background

BizEx ID:BizEx520-SM
General Location:West Los Angeles, CA
Category: Apparel & Accessory Stores
Other Miscellaneous Services
Years in Business:
Under Present Owner:7
Hours of Operation:M-S 9:30 - 5:00
Owner Hours:M-S 9:30 - 5:00
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:Month to Month
Lease Options:3 - 5 year lease avaialble
Building Size:650
Employees:2
Reason for Sale:Retiring

Financials

Asking Price:$69,950
Down Payment:Negotiable
Gross Sales:$125,000
Discretionary Cash Flow:$60,000
FF&E:$4,350
Inventory Included?
Inventory:$12,000
Min. Operating Capital:
Real Estate Available?No
Rent:$1,900
Payroll:$2
Financing:Call

2011
Gross Sales $ 12,500
Gross Profit $
Disc. Earnings $ 60,000




Shelli Margolin
Business Broker
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 128
Direct: 310-882-2200 x128
Lic#: 00902695




Mina Singson-Brightman
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (808) 797-3067 ext 125
Direct: (310) 734-6769
Lic#: 01866495

OFF MARKET

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