This listing is: Off Market
Background
| BizEx ID: | BizEx1388-EM |
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| General Location: | Los Angeles, CA |
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| Category: |
Business Services (B2B)
Apparel & Finished Fabrics
|
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| Years in Business: | 32 |
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| Under Present Owner: | 32 |
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| Hours of Operation: | 8 - 5, M - F |
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| Owner Hours: | Varies |
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| Training: | 4 weeks @ 30 hours |
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| Organization Type: | S-Corp |
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| Lease Expiration: | Buyer to sign a lease |
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| Lease Options: | Seller Owns, Offer Lease |
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| Building Size: | 7000 |
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| Employees: | 4 |
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| Reason for Sale: | Retirement |
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Financials
| Asking Price: | $600,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $900,000 |
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| Discretionary Cash Flow: | $245,000 |
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| FF&E: | $30,000 |
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| Inventory Included? | Yes |
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| Inventory: | $50,000 |
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| Min. Operating Capital: | TBD |
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| Real Estate Available? | No |
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| Rent: | $7,000 |
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| Payroll: | $3,300 |
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| Financing: | SBA |
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|
2021 |
| Gross Sales |
$ 900,000 |
| Gross Profit |
$ 538,000 |
| Disc. Earnings |
$ 245,000 |
