Profitable Famous 38yr Old Tailor Shop in West LA

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Background

BizEx ID:BizEx698-SK
General Location:Culver City, CA
Category: Dry Cleaning/Laundry
Other Personal Services
Years in Business:38
Under Present Owner:8
Hours of Operation:Mon-Sat 9-6
Owner Hours:Mon-Sat 9-6
Training:None
Organization Type:
Lease Expiration:11-15-13
Lease Options:Yes
Building Size:1,230
Employees:2
Reason for Sale:Health

Financials

Asking Price:$60,000
Down Payment:Negotiable
Gross Sales:$47,000
Discretionary Cash Flow:$24,000
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$2,000
Financing:Call

2012 2011 2010
Gross Sales $ 47,000 $ 41,000 $ 45,000
Gross Profit $ $ $
Disc. Earnings $ 24,000 $ 28,000 $ 32,000




Steven Kim
Business Broker
4551 Glencoe Ave., Suite 210
Marina del Rey, CA 90292
Office: (310) 882-2200 ext 132
Direct: (310) 227-5402
Lic#: 01765208

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