Wholesale Importer of Gems, Gemstones, Semi-precious Stones, and Jewelry

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Background

BizEx ID:BizEx54-ML
General Location:Los Angeles, CA
Category: Durable Goods
Years in Business:7
Under Present Owner:7
Hours of Operation:Mon.-Fri. 11am-6pm
Owner Hours:Mon.-Fri. 11-6pm
Training:4 weeks @ 20 hours
Organization Type:
Lease Expiration:
Lease Options:
Building Size:3,150
Employees:4
Reason for Sale:Retirement to focus on philanthropy

Financials

Asking Price:$12,000,000
Down Payment:Negotiable
Gross Sales:$5,447,802
Discretionary Cash Flow:$2,944,057
FF&E:$42,050
Inventory Included?
Inventory:$8,000,000
Min. Operating Capital:
Real Estate Available?No
Rent:$6,500
Payroll:$1
Financing:Call




Miles M. Logothetis
Business Broker / M&A Advisor
4551 Glencoe Ave., suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 105
Direct: (310) 919-7477
Lic#: 01406738

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