Entertainment Marketing & Advertising Biz in Hollywood

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Background

BizEx ID:BizEx1405-TP
General Location:Hollywood, CA
Category: Entertainment/Film Production Industries
Entertainment
Years in Business:33
Under Present Owner:2004
Hours of Operation:Mon-Fri 7am to 3pm - Flexible
Owner Hours:Mon-Fri 7am to 3pm - Flexible
Training:2 weeks @ 20 hours
Organization Type:S-Corp
Lease Expiration:October 31, 2024
Lease Options:TBD
Building Size:3000 SF - Foyer, 3 offices and warehouse with 20 ft ceilings and roll-up door, 1 unisex bathroom
Employees:3
Reason for Sale:Retirement

Financials

Asking Price:$295,000
Down Payment:$295,000
Gross Sales:$430,601
Discretionary Cash Flow:$154,020
FF&E:$12,750
Inventory Included?No
Inventory:$0
Min. Operating Capital:
Real Estate Available?No
Rent:$5,700
Financing:Call

2022 2021 2020
Gross Sales $ 430,601 $ 382,934 $ 340,670
Gross Profit $ $ $
Disc. Earnings $ 154,000 $ 123,877 $ 70,169

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations