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 |