Los Angeles Florist and Events

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Background

BizEx ID:BizEx900-KF
General Location:Burbank, CA
Category: Other Personal Services
Florist, Gifts
Years in Business:15
Under Present Owner:15
Hours of Operation:Tues-Sat 9am-6pm
Owner Hours:9am-6pm
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:04/30/2016
Lease Options:2@3years each
Building Size:1,600
Employees:0
Reason for Sale:spend more time with family/ exploring other opportunities

Financials

Asking Price:$139,000
Down Payment:Negotiable
Gross Sales:$265,798
Discretionary Cash Flow:$136,247
FF&E:$25,350
Inventory Included?
Inventory:$13,000
Min. Operating Capital:
Real Estate Available?No
Rent:$2,250
Financing:Seller

2015 2014 2013
Gross Sales $ 265,798 $ 306,646 $ 232,229
Gross Profit $ 133,607 $ 143,026 $ 115,126
Disc. Earnings $ 136,247 $ 142,292 $ 94,092




Kendric Foultz
Business Broker / M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 102
Direct: (310) 968-2369
Lic#: 01376005

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations