Sold
Meat, Poultry Dist Co, 25 years LA, 200k Net Inc
BizEx1192-EM
Background
| BizEx ID: | BizEx1192-EM |
|---|---|
| General Location: | LOS ANGELES, CA |
| Category: |
Wholesale/Distribution Food & Kindred Products |
| Years in Business: | 25 |
| Under Present Owner: | 7 - Purchased from Family |
| Hours of Operation: | 4:00 am - 12:00, M-F |
| Owner Hours: | Varies |
| Training: | 4 weeks @ 30 hours |
| Organization Type: | S-Corp |
| Lease Expiration: | |
| Lease Options: | |
| Building Size: | |
| Employees: | 4 |
| Reason for Sale: | Other Opportunities |
Financials
| Asking Price: | $250,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $3,400,000 |
| Discretionary Cash Flow: | $200,000 |
| FF&E: | $70,000 |
| Inventory Included? | Yes |
| Inventory: | $25,000 |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | |
| Payroll: | $6 |
| Financing: | Buyer |
| 2018 | 2017 | 2016 | |
|---|---|---|---|
| Gross Sales | $ 3,400,000 | $ 2,270,000 | $ 2,000,000 |
| Gross Profit | $ | $ | $ |
| Disc. Earnings | $ 200,000 | $ 180,000 | $ 140,000 |
