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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Textile Importer And Distributor

Location  California,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $919031
Net Profit / Cash Flow  $358881
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1997
Number of Employees  1 - 3
Inventory  700000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Training  Seller will train
Reason for Sale  Owner wants to concentrate on his commercial building business
Description  Located in the heart of the garment district in downtown Los Angeles, this very successful importer and distributor of textiles offers a buyer the opportunity to own either a successful business with or without prime real estate. This business has demonstrated strong and steady revenues and earnings in both good and bad economies. Over the past 15 years, the Sellers have created a very profitable business by dominating in the sports fabric market. The owners are selling the business because they want to concentrate on their commercial real estate holdings. They own the building where this business is located. Besides the 12,700 sq. ft that they use to operate their textile business, there is also a 700 sq. ft. restaurant that is attached to the same building. The owner is open to selling the building with the textile business or sell the textile business separately and stay on as the landlord. More information about this business and its growth potential are available to qualified, interested parties that have completed the NDA/ Confidentiality Agreement. This can be accomplished by registering as a buyer at bizex.net and by contacting Dan Munter at 310-882-2200 ext. 121.
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