Retail Mattress Store in South Bay, Long Beach, CA
Home / Listing / Retail Mattress Store in South Bay, Long Beach, CA
This listing is: Closed
Background
| BizEx ID: | BizEx1247-CG |
|---|---|
| General Location: | long beach, CA |
| Category: |
Retail Home Furniture & Furnishings |
| Years in Business: | 30 |
| Under Present Owner: | 5 |
| Hours of Operation: | 10AM-7PM Weekdays 10-6 Weekend |
| Owner Hours: | Absentee Owner |
| Training: | 2-4 weeks weeks @ Flexible hours |
| Organization Type: | S-Corp |
| Lease Expiration: | 2014 |
| Lease Options: | yes |
| Building Size: | 4695 Sq. ft. |
| Employees: | 3 |
| Reason for Sale: | New Business |
Financials
| Asking Price: | $75,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | Call |
| Discretionary Cash Flow: | $91,000 |
| FF&E: | $30,000 |
| Inventory Included? | Yes |
| Inventory: | $52,000 |
| Min. Operating Capital: | $50,000 |
| Real Estate Available? | No |
| Rent: | $11,000 |
| Financing: | Call |
| 2017 | |
|---|---|
| Gross Sales | $ 1,396,000 |
| Gross Profit | $ 504,930 |
| Disc. Earnings | $ 176 |
