Mattress, Furniture Store, OC, $100k Net Income
BizEx1221-DM
Background
BizEx ID: | BizEx1221-DM |
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General Location: | Orange, CA |
Category: |
Retail Furniture |
Years in Business: | 6 |
Under Present Owner: | 6 |
Hours of Operation: | 7 Days: 10:00am - 6:00pm |
Owner Hours: | Varies |
Training: | 2 weeks @ 40 hours |
Organization Type: | LLC |
Lease Expiration: | 2020 +5yr |
Lease Options: | 5yr |
Building Size: | 1835 |
Employees: | 1 |
Reason for Sale: | Moving out of state |
Financials
Asking Price: | $89,000 |
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Down Payment: | Negotiable |
Gross Sales: | $225,000 |
Discretionary Cash Flow: | $100,000 |
FF&E: | $3,000 |
Inventory Included? | Yes |
Inventory: | $20,000 |
Min. Operating Capital: | TBD |
Real Estate Available? | No |
Rent: | $2,650 |
2018 YTD | 2017 | 2016 | |
---|---|---|---|
Gross Sales | $ 200,000 | $ 195,000 | $ 195,000 |
Gross Profit | $ | $ | $ |
Disc. Earnings | $ 100,000 | $ 92,000 | $ 86,000 |