Upscale LA Retail Antiques Store with Huge Inventory
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This listing is: Off Market
Background
| BizEx ID: | BizEx1194-EM |
|---|---|
| General Location: | Los Angeles, CA |
| Category: |
Retail Home Furniture & Furnishings |
| Years in Business: | 23 |
| Under Present Owner: | 23 |
| Hours of Operation: | 10:00 - 6:00 M-Sat |
| Owner Hours: | Same |
| Training: | 2 weeks @ 30 hours |
| Organization Type: | S-Corp |
| Lease Expiration: | 7 years |
| Lease Options: | |
| Building Size: | 2,500 |
| Employees: | 2 |
| Reason for Sale: | Other Opportunities |
Financials
| Asking Price: | $375,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $500,000 |
| Discretionary Cash Flow: | $150,000 |
| FF&E: | $10,000 |
| Inventory Included? | Yes |
| Inventory: | $800,000 |
| Min. Operating Capital: | $50,000 |
| Real Estate Available? | No |
| Rent: | $10,600 |
| Payroll: | $3 |
