California Water Purification & Scale Removal Systems
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Background
| BizEx ID: | BizEx1175-EM |
|---|---|
| General Location: | California, CA |
| Category: |
Retail Health, Medical & Dental |
| Years in Business: | 8 |
| Under Present Owner: | 8 |
| Hours of Operation: | 8:00 am - 6:00 pm |
| Owner Hours: | Varies |
| Training: | 2 weeks @ 30 hours |
| Organization Type: | S-Corp |
| Lease Expiration: | |
| Lease Options: | |
| Building Size: | 1,500 |
| Employees: | 3 |
| Reason for Sale: | Other Business Interests |
Financials
| Asking Price: | $595,000 |
|---|---|
| Down Payment: | $60,000 |
| Gross Sales: | $450,000 |
| Discretionary Cash Flow: | $200,000 |
| FF&E: | $15,000 |
| Inventory Included? | Yes |
| Inventory: | $40,000 |
| Min. Operating Capital: | $40,000 |
| Real Estate Available? | No |
| Rent: | $1,800 |
| Payroll: | $7 |
| Financing: | SBA |
| 2017 | 2016 | |
|---|---|---|
| Gross Sales | $ 450,000 | $ 345,000 |
| Gross Profit | $ 420,000 | $ 290,000 |
| Disc. Earnings | $ 225,000 | $ 170,000 |
