Malibu Market and Deli

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Background

BizEx ID:BizEx236-AK
General Location:Malibu, CA
Category: Convenience Stores
Liquor Stores
Years in Business:18
Under Present Owner:2 1/2
Hours of Operation:7 Days -8am to 9pm
Owner Hours:7 Days 8am-9pm
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:2023
Lease Options:
Building Size:2068
Employees:3
Reason for Sale:other business interests & travel time

Financials

Asking Price:$289,000
Down Payment:Negotiable
Gross Sales:$460,232
Discretionary Cash Flow:$104,515
FF&E:
Inventory Included?
Inventory:$50,000
Min. Operating Capital:$30,000
Real Estate Available?No
Rent:$6,016
Payroll:$3,600
Financing:Call

2009
Gross Sales $ 593,973
Gross Profit $ 306,528
Disc. Earnings $ 188,096

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