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