Cash for Gold Store in Prime LA Location - High Cash
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Background
| BizEx ID: | BizEx1056-EM |
|---|---|
| General Location: | Los Angeles, CA |
| Category: |
Miscellaneous Retail Finance, Banking, Loans & Leasing |
| Years in Business: | 8 |
| Under Present Owner: | 8 |
| Hours of Operation: | 11:00 am - 6:00 pm |
| Owner Hours: | same |
| Training: | 2 weeks @ 20 hours |
| Organization Type: | Sole proprietor |
| Lease Expiration: | 3/2018 |
| Lease Options: | Buyer to sign new |
| Building Size: | 1,000 |
| Employees: | 1 |
| Reason for Sale: | Moving out of Country |
Financials
| Asking Price: | $69,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $150,000 |
| Discretionary Cash Flow: | $120,000 |
| FF&E: | $10,000 |
| Inventory Included? | No |
| Inventory: | $0 |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $2,200 |
| Financing: | Buyer |
| 2017 thru August | 2016 | 2015 | |
|---|---|---|---|
| Gross Sales | $ 130,000 | $ 150,000 | $ 150,000 |
| Gross Profit | $ 110,000 | $ 120,000 | $ 120,000 |
| Disc. Earnings | $ 110,000 | $ 120,000 | $ 120,000 |
