Garment Delivery Co. in LA - Established 26 Years

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This listing is: Off Market

Background

BizEx ID:BizEx1228-SL
General Location:Los Angeles, CA
Category: Freight Carriers, Moving/Delivery
Business Services (B2B)
Years in Business:26
Under Present Owner:26
Hours of Operation:M-F: 7:00am-4:00pm
Owner Hours:M-F: 7:00am-12:00pm
Training:4 weeks @ 15 hours
Organization Type:C-Corp
Lease Expiration:
Lease Options:
Building Size:
Employees:1
Reason for Sale:Other opportunities.

Financials

Asking Price:$137,000
Down Payment:Negotiable
Gross Sales:$222,000
Discretionary Cash Flow:$62,000
FF&E:$75,000
Inventory Included?
Inventory:
Min. Operating Capital:$13,000
Real Estate Available?No
Rent:$500
Payroll:$2,400
Financing:Call

2018 2017 2016
Gross Sales $ 221,609 $ 324,697 $ 411,846
Gross Profit $ 140,213 $ 239,768 $ 363,305
Disc. Earnings $ 62,360 $ 163,738 $ 271,110

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