This listing is: Off Market
Background
| BizEx ID: | BizEx429-TP |
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| General Location: | Tarzana, CA |
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| Category: |
Apparel & Accessory Stores
Apparel & Finished Fabrics
|
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| Years in Business: | 12 |
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| Under Present Owner: | 12 |
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| Hours of Operation: | Tu-F 9-5, Sat 10-4 |
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| Owner Hours: | Tu-F 9-5, Sat 10-4 |
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| Training: | 4 weeks @ 40 hours |
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| Organization Type: | |
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| Lease Expiration: | Expired |
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| Lease Options: | Landlord Flexible |
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| Building Size: | 550 |
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| Employees: | 2 |
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| Reason for Sale: | Retirement due to poor health. |
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Financials
| Asking Price: | $45,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $36,000 |
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| Discretionary Cash Flow: | $24,240 |
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| FF&E: | $3,000 |
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| Inventory Included? | |
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| Inventory: | $1,000 |
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| Min. Operating Capital: | $1,500 |
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| Real Estate Available? | No |
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| Rent: | $750 |
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| Payroll: | $170 |
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| Financing: | None |
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|
2011** | 2010 | 2009 |
| Gross Sales |
$ 36,000 | $ 41,952 | $ 29,756 |
| Gross Profit |
$ 36,000 | $ 32,558 | $ 29,756 |
| Disc. Earnings |
$ 24,240 | $ 21,718 | $ 14,707 |
