Top LA Food Distributors Established 53 Years
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Background
BizEx ID: | BizEx1120-AK |
General Location: | Los Angeles, CA |
Category: |
Food & Kindred Products
Paper & Allied Products
|
Years in Business: | 53 |
Under Present Owner: | 2 |
Hours of Operation: | mon-fri 8am-5pm |
Owner Hours: | as desired |
Training: | 3 weeks @ 20 hours |
Organization Type: | S-Corp |
Lease Expiration: | |
Lease Options: | |
Building Size: | 130,000 |
Employees: | 8 |
Reason for Sale: | Other Business Interests |
Financials
Asking Price: | $665,000 |
Down Payment: | Negotiable |
Gross Sales: | $2,294,288 |
Discretionary Cash Flow: | $309,634 |
FF&E: | $20,000 |
Inventory Included? | No |
Inventory: | $80-100,000 |
Min. Operating Capital: | $100,000 |
Real Estate Available? | No |
Rent: | $0 |
Payroll: | $20,000 |
---|
Financing: | SBA |
|
2017 | 2016 Mar-Dec |
Gross Sales |
$ 2,294,288 | $ 1,931,401 |
Gross Profit |
$ 568,711 | $ 500,307 |
Disc. Earnings |
$ 309,634 | $ 92,716 |