This listing is: Off Market
Background
BizEx ID: | BizEx456-DM |
General Location: | Los Angeles, CA |
Category: |
Wholesale/Distribution
Jewelry Design and Sales
|
Years in Business: | 12 years |
Under Present Owner: | 12 years |
Hours of Operation: | M-F 10-5 |
Owner Hours: | M-F 10-5 |
Training: | 4 weeks @ 40 hours |
Organization Type: | |
Lease Expiration: | 2015 w/options |
Lease Options: | 2 Five year renwable options |
Building Size: | 2,600 |
Employees: | 3 |
Reason for Sale: | Seller is pursuing other business opportunity |
Financials
Asking Price: | $2,590,000 |
Down Payment: | Negotiable |
Gross Sales: | $1,005,000 |
Discretionary Cash Flow: | $93,000 |
FF&E: | $120,000 |
Inventory Included? | |
Inventory: | $3,200,000 |
Min. Operating Capital: | |
Real Estate Available? | No |
Rent: | $3,800 |
Payroll: | $4 |
---|
Financing: | Call |
|
2010 | 2009 | 2008 |
Gross Sales |
$ 1,046,491 | $ 1,413,359 | $ 1,605,852 |
Gross Profit |
$ 287,675 | $ 317,697 | $ 1,230,538 |
Disc. Earnings |
$ 92,543 | $ 97,995 | $ 143,697 |