This listing is: Off Market
Background
| BizEx ID: | BizEx454-TP |
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| General Location: | Tarzana, CA |
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| Category: |
Apparel & Accessory Stores
Dry Cleaning/Laundry
|
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| Years in Business: | 18 |
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| Under Present Owner: | 18 |
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| Hours of Operation: | 10-5, Mon-Sat |
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| Owner Hours: | 10-5, Mon-Sat |
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| Training: | 2 weeks @ 10 hours |
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| Organization Type: | |
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| Lease Expiration: | Month-Month |
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| Lease Options: | |
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| Building Size: | 1,000 |
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| Employees: | 2 |
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| Reason for Sale: | Needs to look after ailing family members. |
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Financials
| Asking Price: | $90,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $75,000 |
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| Discretionary Cash Flow: | $40,000 |
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| FF&E: | $14,350 |
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| Inventory Included? | |
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| Inventory: | $5,000 |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $2,500 |
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| Payroll: | $400 |
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| Financing: | Call |
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|
2011** | 2010 | 2009 |
| Gross Sales |
$ 75,000 | $ 75,000 | $ 75,000 |
| Gross Profit |
$ 42,400 | $ 40,850 | $ 35,405 |
| Disc. Earnings |
$ 40,000 | $ 40,000 | $ 35,000 |
