Neighborhood Flower and Gift Shop- room to grow
Home / Listing / Neighborhood Flower and Gift Shop- room to grow
This listing is: Off Market
Background
| BizEx ID: | BizEx239-SG |
|---|---|
| General Location: | Burbank, CA |
| Category: |
Retail Florist, Gifts |
| Years in Business: | 10.5 |
| Under Present Owner: | 3.5 |
| Hours of Operation: | m-f 9-5, sat 10-4 |
| Owner Hours: | same |
| Training: | TBD weeks @ hours |
| Organization Type: | |
| Lease Expiration: | 7/2011 |
| Lease Options: | |
| Building Size: | 800 |
| Employees: | 2 |
| Reason for Sale: | retiring |
Financials
| Asking Price: | $75,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $125,000 |
| Discretionary Cash Flow: | $50,000 |
| FF&E: | |
| Inventory Included? | |
| Inventory: | |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $1,715 |
| Payroll: | $200 |
| Financing: | Call |
| YTD**Prorated | 2009 | 2008 | |
|---|---|---|---|
| Gross Sales | $ 221,469 | $ 185,112 | $ 204,223 |
| Gross Profit | $ 164,944 | $ 135,565 | $ 140,904 |
| Disc. Earnings | $ 87,351 | $ 69,375 | $ 47,597 |
