Mattress, Furniture Store, OC, $100k Net Income
BizEx1221-DM
Background
| BizEx ID: | BizEx1221-DM |
|---|---|
| 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 |
|---|---|
| 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 |
