This listing is: Off Market
Background
| BizEx ID: | BizEx888-CK |
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| General Location: | Los Angeles, CA |
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| Category: |
Coin Laundry
|
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| Years in Business: | 2009 |
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| Under Present Owner: | 2009 |
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| Hours of Operation: | 6a-10p Sun-Sun |
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| Owner Hours: | None |
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| Training: | 3 weeks @ 2.5 hours |
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| Organization Type: | S-Corp. |
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| Lease Expiration: | |
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| Lease Options: | 2/5 year |
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| Building Size: | 4,500 |
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| Employees: | 0 |
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| Reason for Sale: | Other business interests |
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Financials
| Asking Price: | $300,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $214,321 |
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| Discretionary Cash Flow: | $71,113 |
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| FF&E: | $300,000 |
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| Inventory Included? | Yes |
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| Inventory: | $4,000 |
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| Min. Operating Capital: | $4,000 |
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| Real Estate Available? | No |
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| Rent: | $6,500 |
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| Financing: | SBA |
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|
2014 | 2015 | 2016* |
| Gross Sales |
$ 256,168 | $ 255,128 | $ 214,321 |
| Gross Profit |
$ | $ | $ |
| Disc. Earnings |
$ 120,151 | $ 120,663 | $ 71,113 |
