eCommerce Beauty Supply. Retail Also. 30+ years. LA

BizEx1223-EM

Background

BizEx ID:BizEx1223-EM
General Location:South Bay, CA
Category: Retail
Beauty Supplies
Years in Business:27
Under Present Owner:27
Hours of Operation:9:00 - 5:00
Owner Hours:Varies
Training:4 weeks @ 30 hours
Organization Type:S-Corp
Lease Expiration:2024
Lease Options:
Building Size:1,280
Employees:2
Reason for Sale:Retirement

Financials

Asking Price:$595,000
Down Payment:Negotiable
Gross Sales:$1,300,000
Discretionary Cash Flow:$350,000
FF&E:$40,000
Inventory Included?Yes
Inventory:$300,000 - Reimburse Seller
Min. Operating Capital:TBD
Real Estate Available?No
Rent:$6,500
Payroll:$2
Financing:SBA

2020
Gross Sales $ 1,300,000
Gross Profit $
Disc. Earnings $ 350,000



Broker Information


Eric Mellem
Business Broker/ M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 1220802

OFF MARKET