Vape Shop Retail and Lounge, Premium LA Location
BizEx1160-EM
Background
BizEx ID: | BizEx1160-EM |
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General Location: | Los Angeles, CA |
Category: |
Retail Entertainment |
Years in Business: | 3 |
Under Present Owner: | 3 |
Hours of Operation: | 10:00am - 10:00pm |
Owner Hours: | varies |
Training: | 2 weeks @ 30 hours |
Organization Type: | C-Corp |
Lease Expiration: | Buyer to Secure New Lease |
Lease Options: | |
Building Size: | 800 |
Employees: | 2 |
Reason for Sale: | Other Business Interests |
Financials
Asking Price: | $38,000 |
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Down Payment: | Negotiable |
Gross Sales: | $300,000 |
Discretionary Cash Flow: | $60,000 |
FF&E: | $20,000 |
Inventory Included? | No |
Inventory: | $20,000 |
Min. Operating Capital: | $15,000 |
Real Estate Available? | No |
Rent: | $6,000 |
Payroll: | $3 |
Financing: | Buyer |
2017 | 2016 | |
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Gross Sales | $ 320,000 | $ 310,000 |
Gross Profit | $ 200,000 | $ 185,000 |
Disc. Earnings | $ 60,000 | $ 50,000 |