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 |