Manufacturer and Wholesaler of Children's Formal Wear and Hosiery

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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




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