Vape & E-Cigarette Store & Lounge in Los Angeles
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Background
| BizEx ID: | BizEx1118-EM |
|---|---|
| General Location: | Los Angeles, CA |
| Category: |
Retail Amusement & Recreation |
| Years in Business: | 4 |
| Under Present Owner: | 4 |
| Hours of Operation: | 11:00am - 11:00pm |
| Owner Hours: | Varies |
| Training: | 2 weeks @ 30 hours |
| Organization Type: | S-Corp |
| Lease Expiration: | 2019 |
| Lease Options: | |
| Building Size: | 850 |
| Employees: | 3 |
| Reason for Sale: | Other Business Interests |
Financials
| Asking Price: | $145,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $275,000 |
| Discretionary Cash Flow: | $75,000 |
| FF&E: | |
| Inventory Included? | |
| Inventory: | |
| Min. Operating Capital: | $20,000 |
| Real Estate Available? | No |
| Rent: | $3,400 |
| Payroll: | $2 |
| Financing: | Buyer |
| 2017 TYD Aug | 2016 | 2015 | |
|---|---|---|---|
| Gross Sales | $ 181,000 | $ 171,000 | $ 106,000 |
| Gross Profit | $ 102,000 | $ 98,000 | $ 59,000 |
| Disc. Earnings | $ 50,000 | $ 40,000 | $ 10,000 |
