Sold
Background
| BizEx ID: | BizEx73-MD |
|---|---|
| General Location: | Los Angeles, CA |
| Category: |
Apparel & Accessory Stores General Internet |
| Years in Business: | Ten |
| Under Present Owner: | Ten |
| Hours of Operation: | 9 - 5, M-F |
| Owner Hours: | Some weekends for shows and Travel |
| Training: | 2 weeks @ 40 hours |
| Organization Type: | |
| Lease Expiration: | 10/15/08 |
| Lease Options: | Renewable |
| Building Size: | 1,148 |
| Employees: | 5 |
| Reason for Sale: | Start a Family |
Financials
| Asking Price: | $195,000 |
|---|---|
| Down Payment: | $55,000 |
| Gross Sales: | $477,208 |
| Discretionary Cash Flow: | $113,617 |
| FF&E: | $28,250 |
| Inventory Included? | |
| Inventory: | $110,000 |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $2,066 |
| Payroll: | $10 |
| Financing: | Call |
