2 Showroom Tile Retailer of Exclusive Brands
Home / Listing / 2 Showroom Tile Retailer of Exclusive Brands
This listing is: Off Market
Background
| BizEx ID: | BizEx1281-TB |
|---|---|
| General Location: | Los Angeles, CA |
| Category: |
Bldg Materials, Home & Garden Miscellaneous Retail |
| Years in Business: | 17 |
| Under Present Owner: | 17 |
| Hours of Operation: | 7 days 9-5 |
| Owner Hours: | 5 day 9-5 |
| Training: | None |
| Organization Type: | S-Corp |
| Lease Expiration: | 2023 |
| Lease Options: | Yes |
| Building Size: | 17000 sqft and 7000 sqft |
| Employees: | 12 |
| Reason for Sale: | Retirement |
Financials
| Asking Price: | Accepting Offers |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $4,264,030 |
| Discretionary Cash Flow: | $1,306,719 |
| FF&E: | $29,852 |
| Inventory Included? | Yes |
| Inventory: | $779,900 |
| Min. Operating Capital: | $77,142 |
| Real Estate Available? | No |
| Rent: | $34,041 |
| Payroll: | $19,986 |
| 2017 | 2018 | 2019 | |
|---|---|---|---|
| Gross Sales | $ 4,998,597 | $ 5,110,522 | $ 4,264,030 |
| Gross Profit | $ 2,485,018 | $ 2,825,416 | $ 2,957,311 |
| Disc. Earnings | $ 494,583 | $ 605,556 | $ 1,306,719 |
