Flowers of the Valley

BizEx1197-AK

Background

BizEx ID:BizEx1197-AK
General Location:Northwest San Fernando Valley, CA
Category: Florist, Gifts
Years in Business:62
Under Present Owner:13
Hours of Operation:9am-5pm Mon.-Sat.
Owner Hours:9am-5pm Mon.-Sat.
Training:3 weeks @ 20 hours
Organization Type:Sole proprietor
Lease Expiration:month to month
Lease Options:
Building Size:1,600 sf
Employees:2
Reason for Sale:Other Business Interests

Financials

Asking Price:$48,000
Down Payment:Negotiable
Gross Sales:$217,596
Discretionary Cash Flow:$71,365
FF&E:$9,000
Inventory Included?
Inventory:$5,000
Min. Operating Capital:$10,000
Real Estate Available?No
Rent:$2,500
Payroll:$3
Financing:Seller

2017 2016
Gross Sales $ 217,596 $ 202,532
Gross Profit $ 166,543 $ 129,344
Disc. Earnings $ 71,365 $ 40,987



Broker Information


Arthur B. Kessler
Business Broker / M&A Advisor
100 Wilshire Boulevard
Santa Monica, CA 90401
Office: (310) 882-2200 ext 126
Direct: (310) 650-7900
Lic#: 01227004

OFF MARKET