Home & Hotel Products Wholesale/Retail in Multi-State
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This listing is: Off Market
Background
| BizEx ID: | BizEx946-MS |
|---|---|
| General Location: | Los Angeles, CA |
| Category: |
Durable Goods Home Furniture & Furnishings |
| Years in Business: | 20 HI/7 CA |
| Under Present Owner: | 20 HI/7 CA |
| Hours of Operation: | M-Sat 9 - 4 |
| Owner Hours: | varies |
| Training: | 4 weeks @ 20 hours |
| Organization Type: | |
| Lease Expiration: | |
| Lease Options: | |
| Building Size: | 12900 |
| Employees: | 12 |
| Reason for Sale: | Retirement |
Financials
| Asking Price: | $3,750,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $7,370,000 |
| Discretionary Cash Flow: | $1,023,000 |
| FF&E: | $218,000 |
| Inventory Included? | |
| Inventory: | $700,000 |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $17,561 |
| Payroll: | $61 |
| Financing: | Call |
| 2013 | 2014 | 2015 | |
|---|---|---|---|
| Gross Sales | $ 5,578,000 | $ 6,051,000 | $ 7,390,000 |
| Gross Profit | $ 1,778,467 | $ 1,980,000 | $ 2,287,000 |
| Disc. Earnings | $ 559,300 | $ 824,000 | $ 1,023,000 |
