This listing is: Off Market
Background
| BizEx ID: | BizEx389-TP |
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| General Location: | Calabasas, CA |
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| Category: |
Miscellaneous Retail
Florist, Gifts
|
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| Years in Business: | 15 |
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| Under Present Owner: | 15 |
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| Hours of Operation: | 10-7, M-F - 10-5 Sat |
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| Owner Hours: | 10-7, M-F - 10-5 Sat |
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| Training: | 2 weeks @ 20 hours |
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| Organization Type: | |
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| Lease Expiration: | 12.31.12 |
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| Lease Options: | 5 Year Renewal Option |
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| Building Size: | 830 |
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| Employees: | 2 |
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| Reason for Sale: | Focus on New Enterprise |
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Financials
| Asking Price: | $75,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $207,000 |
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| Discretionary Cash Flow: | $109,305 |
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| FF&E: | $50,000 |
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| Inventory Included? | |
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| Inventory: | |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $3,900 |
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| Financing: | Seller |
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|
2009 | 2010 | 2011** |
| Gross Sales |
$ 163,285 | $ 162,221 | $ 207,000 |
| Gross Profit |
$ 100,370 | $ 92,324 | $ 112,995 |
| Disc. Earnings |
$ TBA | $ 100,244 | $ 109,305 |
