Established LA Lighting Biz - 56% ROI, 75+ Years
Home / Listing / Established LA Lighting Biz - 56% ROI, 75+ Years
This listing is: Off Market
Background
| BizEx ID: | BizEx1296-BJ |
|---|---|
| General Location: | Los Angeles, CA |
| Category: |
Retail Business Services |
| Years in Business: | 74 |
| Under Present Owner: | 33 |
| Hours of Operation: | 8am-5pm |
| Owner Hours: | 8am-5pm |
| Training: | 2 weeks @ 8 hours |
| Organization Type: | Sole proprietor |
| Lease Expiration: | Month to Month |
| Lease Options: | |
| Building Size: | 7000 |
| Employees: | 8 |
| Reason for Sale: | Family |
Financials
| Asking Price: | $300,000 |
|---|---|
| Down Payment: | $50,000 |
| Gross Sales: | $830,000 |
| Discretionary Cash Flow: | $193,000 |
| FF&E: | Yes |
| Inventory Included? | Yes |
| Inventory: | |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $12,000 |
| 2023 | 2022 | 2021 | |
|---|---|---|---|
| Gross Sales | $ 2,012,476 | $ 2,337,694 | $ 2,115,459 |
| Gross Profit | $ 809,098 | $ 831,633 | $ 858,778 |
| Disc. Earnings | $ 194,986 | $ 193,004 | $ 197,972 |
