This listing is: Off Market
Background
BizEx ID: | BizEx1273-EM |
General Location: | Los Angeles, CA |
Category: |
Consumer Services (B2C)
Business Services
|
Years in Business: | 11 |
Under Present Owner: | 11 |
Hours of Operation: | Varies |
Owner Hours: | Varies |
Training: | 2 weeks @ 40 hours |
Organization Type: | S-Corp |
Lease Expiration: | 2025 |
Lease Options: | |
Building Size: | 2,175 |
Employees: | 26 |
Reason for Sale: | Retirement |
Financials
Asking Price: | $1,200,000 |
Down Payment: | Negotiable |
Gross Sales: | $1,300,000 |
Discretionary Cash Flow: | $400,000 |
FF&E: | $50,000 |
Inventory Included? | Yes |
Inventory: | $1,000 |
Min. Operating Capital: | TBD |
Real Estate Available? | No |
Rent: | $4,000 |
Payroll: | $220,000 |
---|
Financing: | SBA |
|
2019 | 2018 | 2017 |
Gross Sales |
$ 1,327,000 | $ 1,278,000 | $ 1,335,000 |
Gross Profit |
$ 996,000 | $ 938,000 | $ 962,000 |
Disc. Earnings |
$ 515,000 | $ 446,000 | $ 430,000 |