72 Years Strong - Machine & Tool Manufacturer
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Background
| BizEx ID: | BizEx1172-DC |
|---|---|
| General Location: | Los Angeles, CA |
| Category: |
Manufacturing Fabricated Metal Products |
| Years in Business: | 72 years |
| Under Present Owner: | 69 years |
| Hours of Operation: | 7am - 4:30pm M-TH / 7 - Noon Friday |
| Owner Hours: | Same or more |
| Training: | None |
| Organization Type: | C-Corp |
| Lease Expiration: | |
| Lease Options: | |
| Building Size: | 8,200 sq. ft. |
| Employees: | 0 |
| Reason for Sale: | Retirement |
Financials
| Asking Price: | $350,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $508,358 |
| Discretionary Cash Flow: | $166,220 |
| FF&E: | $200,000 |
| Inventory Included? | Yes |
| Inventory: | $26,000 |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $7,400 |
| Payroll: | $25 |
| 2017 | 2016 | 2015 | |
|---|---|---|---|
| Gross Sales | $ 630,000 | $ 508,358 | $ 939,269 |
| Gross Profit | $ call | $ call | $ call |
| Disc. Earnings | $ call | $ call | $ call |
