Los Angeles Florist and Events
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Background
| BizEx ID: | BizEx900-KF |
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| General Location: | Burbank, CA |
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| Category: |
Other Personal Services
Florist, Gifts
|
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| Years in Business: | 15 |
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| Under Present Owner: | 15 |
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| Hours of Operation: | Tues-Sat 9am-6pm |
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| Owner Hours: | 9am-6pm |
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| Training: | 2 weeks @ 20 hours |
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| Organization Type: | |
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| Lease Expiration: | 04/30/2016 |
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| Lease Options: | 2@3years each |
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| Building Size: | 1,600 |
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| Employees: | 0 |
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| Reason for Sale: | spend more time with family/ exploring other opportunities |
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Financials
| Asking Price: | $139,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $265,798 |
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| Discretionary Cash Flow: | $136,247 |
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| FF&E: | $25,350 |
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| Inventory Included? | |
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| Inventory: | $13,000 |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $2,250 |
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| Financing: | Seller |
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|
2015 | 2014 | 2013 |
| Gross Sales |
$ 265,798 | $ 306,646 | $ 232,229 |
| Gross Profit |
$ 133,607 | $ 143,026 | $ 115,126 |
| Disc. Earnings |
$ 136,247 | $ 142,292 | $ 94,092 |
