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Background

BizEx ID:BizEx443-RD
General Location:Hermosa Beach, CA
Category: Liquor Stores
Other Food Stores
Years in Business:11
Under Present Owner:4
Hours of Operation:
Owner Hours:
Training:1 weeks @ 20 hours
Organization Type:
Lease Expiration:
Lease Options:5 Years
Building Size:1,500
Employees:3
Reason for Sale:Other Business in Irvine

Financials

Asking Price:$165,000
Down Payment:Negotiable
Gross Sales:$295,786
Discretionary Cash Flow:$75,106
FF&E:$75,000
Inventory Included?
Inventory:$35,000
Min. Operating Capital:$10,000
Real Estate Available?No
Rent:$2,700
Financing:Call

2011 2010 2009
Gross Sales $ 296,947 $ 295,786 $ 295,994
Gross Profit $ 157,611 $ 144,450 $ 91,896
Disc. Earnings $ 75,106 $ $

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