High Profit Home Improvement
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Background
BizEx ID: | BizEx979-KF |
General Location: | South Bay, CA |
Category: |
Miscellaneous Repair
Special Trades
|
Years in Business: | 17 |
Under Present Owner: | 17 |
Hours of Operation: | 7:30am-6:00pm |
Owner Hours: | 7:30am-4:30pm |
Training: | 4-6 weeks @ As require by buyer with in reason hours |
Organization Type: | S-Corp |
Lease Expiration: | August 31, 2017 |
Lease Options: | |
Building Size: | 1,950 |
Employees: | 13 |
Reason for Sale: | Owner has moved out of the country |
Financials
Asking Price: | $685,000 |
Down Payment: | $137,000 |
Gross Sales: | $1,500,000 |
Discretionary Cash Flow: | $275,000 |
FF&E: | $35,000 |
Inventory Included? | Yes |
Inventory: | $5,000 |
Min. Operating Capital: | |
Real Estate Available? | No |
Rent: | $2,009 |
Payroll: | $47,000 |
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Financing: | SBA |