Real Estate Training & Licensing Co. in LA/OC

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This listing is: Off Market

Background

BizEx ID:BizEx1443-EM
General Location:Los Angeles, CA
Category: Educational Services
Consumer Services (B2C)
Years in Business:11
Under Present Owner:11
Hours of Operation:Mon-Sat, 9:00-5:00
Owner Hours:Varies
Training:2 weeks @ 30 hours
Organization Type:S-Corp
Lease Expiration:12/31/2025
Lease Options:Transfer to Qualified Buyer
Building Size:2,300
Employees:2
Reason for Sale:Semi Retirement

Financials

Asking Price:$475,000
Down Payment:Negotiable
Gross Sales:$632,000
Discretionary Cash Flow:$283,000
FF&E:$75,000
Inventory Included?Yes
Inventory:
Min. Operating Capital:TBD
Real Estate Available?No
Rent:$3,700
Payroll:$3,500
Financing:Call

2023
Gross Sales $ 632,000
Gross Profit $
Disc. Earnings $ 283,000

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