This listing is: Off Market
Background
BizEx ID: | BizEx1054-EM |
General Location: | Los Angeles, CA |
Category: |
Miscellaneous Retail
Miscellaneous Manufacturing
|
Years in Business: | 17 |
Under Present Owner: | 17 |
Hours of Operation: | 8:00 am - 6:00 pm, Monday to Saturday |
Owner Hours: | 8:00 am - 6:00 pm, Monday to Saturday |
Training: | 4 weeks @ 20 hours |
Organization Type: | S-Corp |
Lease Expiration: | TBD |
Lease Options: | TBD |
Building Size: | 1,200 |
Employees: | 1 |
Reason for Sale: | Other Opportunites |
Financials
Asking Price: | $245,000 |
Down Payment: | Negotiable |
Gross Sales: | $300,000 |
Discretionary Cash Flow: | $125,000 |
FF&E: | $15,000 |
Inventory Included? | No |
Inventory: | $5,000 |
Min. Operating Capital: | $10,000 |
Real Estate Available? | Yes |
Rent: | $2,500 |
Financing: | SBA |
|
2017 | 2016 | 2015 |
Gross Sales |
$ 300,000 | $ 120,000 | $ 211,000 |
Gross Profit |
$ 120,000 | $ 99,000 | $ 141,000 |
Disc. Earnings |
$ 125,000 | $ 21,000 | $ 70,000 |