Gold Exchange Store - Awesome Deal!
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Background
| BizEx ID: | BizEx477-SM |
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| General Location: | Marina Del Rey, CA |
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| Category: |
Wholesale/Distribution
Jewelry Design and Sales
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| Years in Business: | 9 months |
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| Under Present Owner: | 9 monhs |
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| Hours of Operation: | 10 am - 6 pm |
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| Owner Hours: | Varies |
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| Training: | 2 weeks @ 20 hours |
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| Organization Type: | |
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| Lease Expiration: | 4/2014 |
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| Lease Options: | |
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| Building Size: | 800 |
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| Employees: | 2 |
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| Reason for Sale: | Family issues |
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Financials
| Asking Price: | $40,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $325,404 |
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| Discretionary Cash Flow: | $59,928 |
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| FF&E: | $25,000 |
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| Inventory Included? | |
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| Inventory: | $60,000 |
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| Min. Operating Capital: | $15,000 |
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| Real Estate Available? | No |
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| Rent: | $2,600 |
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| Payroll: | $3 |
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| Financing: | Call |
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|
2011*** |
| Gross Sales |
$ 325,404 |
| Gross Profit |
$ 147,888 |
| Disc. Earnings |
$ 59,928 |
