Sold
Consumer Electronics Retail, WHSL, Online in LA
BizEx1256-EM
Background
| BizEx ID: | BizEx1256-EM |
|---|---|
| General Location: | Los Angeles, CA |
| Category: |
Retail Electronic & Electrical Equipment |
| Years in Business: | 30 |
| Under Present Owner: | 30 |
| Hours of Operation: | 8:00pm - 5:00pm |
| Owner Hours: | Varies |
| Training: | 4 weeks @ 30 hours |
| Organization Type: | S-Corp |
| Lease Expiration: | TBD |
| Lease Options: | Building for Sale |
| Building Size: | 9,700 |
| Employees: | 6 |
| Reason for Sale: | Retirement |
Financials
| Asking Price: | $195,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $2,600,000 |
| Discretionary Cash Flow: | $150,000 |
| FF&E: | $15,000 |
| Inventory Included? | Yes |
| Inventory: | $50,000 |
| Min. Operating Capital: | TBD |
| Real Estate Available? | Yes |
| Rent: | $7,800 |
| Payroll: | $9 |
| 2018 | 2017 | 2016 | |
|---|---|---|---|
| Gross Sales | $ 2,800,000 | $ 3,500,000 | $ 4,600,000 |
| Gross Profit | $ | $ | $ |
| Disc. Earnings | $ 150,000 | $ 175,000 | $ 230,000 |
