This listing is: Off Market
Background
| BizEx ID: | BizEx598-AK |
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| General Location: | los Angeles, CA |
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| Category: |
Liquor Stores
Other Food Stores
|
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| Years in Business: | 58 |
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| Under Present Owner: | 6 |
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| Hours of Operation: | 9am-11pm 7 days |
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| Owner Hours: | varies |
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| Training: | 2 weeks @ 20 hours |
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| Organization Type: | sole proprietor |
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| Lease Expiration: | 5/31/2015 |
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| Lease Options: | 1 five year |
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| Building Size: | 1,200 |
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| Employees: | 2 |
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| Reason for Sale: | moving out of LA |
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Financials
| Asking Price: | $499,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $918,604 |
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| Discretionary Cash Flow: | $233,738 |
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| FF&E: | $65,000 |
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| Inventory Included? | |
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| Inventory: | $130,000 |
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| Min. Operating Capital: | $14,000 |
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| Real Estate Available? | No |
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| Rent: | $6,198 |
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| Payroll: | $2 |
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| Financing: | Call |
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|
2012 | 2013 |
| Gross Sales |
$ 663,071 | $ 780,071 |
| Gross Profit |
$ 302,075 | $ 327,075 |
| Disc. Earnings |
$ 190,162 | $ 208,792 |
