Men's Wear, Net Monthly Avg 20k, Same Owner 23 yrs.

Los Angeles, CA (Los Angeles County)

Men's Wear, Net Monthly Avg 20k, Same Owner 23 yrs.
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Asking Price: $90,000

Cash Flow: $240,000

Gross Revenue: $700,000

EBITDA: N/A

FF&E: $50,000

Inventory: $250,000*

Rent: $6,350 per Month

Established: 1997

*not included in asking price.

Men's Wear, Net Monthly Avg 20k, Same Owner 23 yrs.

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Business Description

Men's Clothing Wear and current owner has operated a robust business for over 22 years and through this uncertain time the sales have risen. Exclusive brand which separates from other retailers.

Man's wear, Women's wear, Levis, Dickies Pants.
Ben Davis Pants, T-Shirt, Socks, Hat.
Owner has run business in Whittier, LA county, for 22 years.
Prime location and ample parking

Monthly gross income : $58,000 Monthly Avg. 2020
Monthly net income: $20, 000
Current inventory: $250,000 AVG

Detailed Information

Location:
Los Angeles, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
1/31/2029
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Reason for Selling:
Retire
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(from currently available funds)
 
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Jonathan Hwang

Business Listed By:
Jonathan Hwang

CR Business Brokers

Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in The California Association of Business Brokers (CABB).

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Ad#:1847972

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