Binding textile and trim manufacturer

Home / Listing / Binding textile and trim manufacturer

Background

BizEx ID:BizEx582-DM
General Location:Vernon, CA
Category: Apparel & Finished Fabrics
Miscellaneous Manufacturing
Years in Business:56
Under Present Owner:34
Hours of Operation:
Owner Hours:
Training:4 weeks @ 40 hours
Organization Type:
Lease Expiration:n/a
Lease Options:
Building Size:22,000
Employees:31
Reason for Sale:Needs to focus on business that his 3 children created

Financials

Asking Price:$600,000
Down Payment:Negotiable
Gross Sales:$1,492,975
Discretionary Cash Flow:$206,199
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$13,200
Financing:Call

9/2011-8/2012 9/2010-8/2011 9/2009-8/2010
Gross Sales $ 1,492,975 $ 1,746,145 $ 1,767,665
Gross Profit $ 709,974 $ 773,760 $ 890,948
Disc. Earnings $ 206,199 $ 77,421 $ 285,607




Dan Munter
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 121
Direct: (310) 722-1138
Lic#: 01871136

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