Established Shoe Repair Business

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This listing is: Off Market

Background

BizEx ID:BizEx1067-TM
General Location:Los Angeles, CA
Category: Other Business Services
Years in Business:60
Under Present Owner:23
Hours of Operation:8:00 am - 6:00 pm
Owner Hours:8:00 am - 6:00 pm
Training:4 weeks @ 40 hours
Organization Type:Sole proprietor
Lease Expiration:2024
Lease Options:
Building Size:
Employees:0
Reason for Sale:Retiring

Financials

Asking Price:$255,000
Down Payment:Negotiable
Gross Sales:$200,200
Discretionary Cash Flow:$141,220
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$4,000

2015 2016
Gross Sales $ 211,000 $ 200,200
Gross Profit $ 206,000 $ 195,200
Disc. Earnings $ 154,218 $ 141,220

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