Long Beach Mail & Business Center - SOLD

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Sold

Background

BizEx ID:BizEx401-SM
General Location:Long Beach, CA
Category: Business Services
Postal Centers
Years in Business:7
Under Present Owner:12
Hours of Operation:9am - 6pm MF
Owner Hours:
Training:1 weeks @ 20 hours
Organization Type:
Lease Expiration:12/11
Lease Options:1-3 yr.
Building Size:1,000
Employees:1
Reason for Sale:Family

Financials

Asking Price:$44,500
Down Payment:Negotiable
Gross Sales:$174,712
Discretionary Cash Flow:$34,865
FF&E:$8,000
Inventory Included?
Inventory:$1,200
Min. Operating Capital:$5,000
Real Estate Available?No
Rent:$2,825
Payroll:$750
Financing:Call

2010 2009 2008
Gross Sales $ 174,712 $ 166,330 $ 182,182
Gross Profit $ $ $
Disc. Earnings $ 34,865 $ 31,656 $ 35,209

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