Binding textile and trim manufacturer
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Background
| BizEx ID: | BizEx582-DM |
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| General Location: | Vernon, CA |
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| Category: |
Apparel & Finished Fabrics
Miscellaneous Manufacturing
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| Years in Business: | 56 |
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| Under Present Owner: | 34 |
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| Hours of Operation: | |
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| Owner Hours: | |
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| Training: | 4 weeks @ 40 hours |
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| Organization Type: | |
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| Lease Expiration: | n/a |
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| Lease Options: | |
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| Building Size: | 22,000 |
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| Employees: | 31 |
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| Reason for Sale: | Needs to focus on business that his 3 children created |
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Financials
| Asking Price: | $600,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $1,492,975 |
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| Discretionary Cash Flow: | $206,199 |
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| FF&E: | |
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| Inventory Included? | |
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| Inventory: | |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $13,200 |
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| Financing: | Call |
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9/2011-8/2012 | 9/2010-8/2011 | 9/2009-8/2010 |
| Gross Sales |
$ 1,492,975 | $ 1,746,145 | $ 1,767,665 |
| Gross Profit |
$ 709,974 | $ 773,760 | $ 890,948 |
| Disc. Earnings |
$ 206,199 | $ 77,421 | $ 285,607 |
Dan Munter
Business Broker / M&A Advisor
4640 Admiralty Way, Suite 500
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 121
Direct: (310) 722-1138
Lic#: 01871136
OFF MARKET
