This listing is: Off Market
Background
| BizEx ID: | BizEx594-RD |
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| General Location: | Santa Monica, CA |
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| Category: |
Miscellaneous Retail
Educational Services
|
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| Years in Business: | 40 |
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| Under Present Owner: | 40 |
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| Hours of Operation: | Mon - Sat. |
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| Owner Hours: | Part-time |
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| Training: | 2 weeks @ 20 hours |
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| Organization Type: | |
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| Lease Expiration: | |
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| Lease Options: | |
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| Building Size: | 5,000 |
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| Employees: | 11 |
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| Reason for Sale: | Retiring |
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Financials
| Asking Price: | $210,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $1,163,218 |
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| Discretionary Cash Flow: | $102,774 |
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| FF&E: | |
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| Inventory Included? | |
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| Inventory: | $200,000 |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $15,000 |
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| Financing: | Call |
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|
*July 2012- April 2013 | 2011-2012 | 2010-2011 |
| Gross Sales |
$ 979,035 | $ 1,163,218 | $ 1,117,726 |
| Gross Profit |
$ 420,596 | $ 606,268 | $ 594,082 |
| Disc. Earnings |
$ 94,908 | $ 102,774 | $ 76,618 |
