This listing is: Off Market
Background
| BizEx ID: | BizEx82-ML |
| General Location: | Los Angeles, CA |
| Category: |
Wholesale/Distribution
Apparel & Finished Fabrics
|
| Years in Business: | 25 |
| Under Present Owner: | 5.5 |
| Hours of Operation: | M-F 8:30AM to 5:00PM |
| Owner Hours: | 40 hrs/wk |
| Training: | 4 weeks @ 20 hours |
| Organization Type: | |
| Lease Expiration: | 9/30/2013 |
| Lease Options: | |
| Building Size: | 5,664 |
| Employees: | 7 |
| Reason for Sale: | Partner is relocating |
Financials
| Asking Price: | $540,000 |
| Down Payment: | Negotiable |
| Gross Sales: | $489,909 |
| Discretionary Cash Flow: | $46,831 |
| FF&E: | $30,000 |
| Inventory Included? | |
| Inventory: | $538,000 |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $4,120 |
| Financing: | Call |
|
2010 | 2011 | Jun 2012 |
| Gross Sales |
$ 542,279 | $ 698,494 | $ 489,909 |
| Gross Profit |
$ 239,313 | $ 294,572 | $ 245,864 |
| Disc. Earnings |
$ | $ | $ 46,831 |