SOLD
BizEx138-KF: Conejo Valley Mail Center

Background:

General Location:Thousand Oaks, CA
Category:Retail > Miscellaneous Retail
Services > Other Personal Services
Years in Business:18
Under Present Owner:1
Hours of Operation:M-Sat 9:30-6 / 9:30-2
Owner Hours:Same
Training:2 weeks, 40 hours/week
Organization Type:Sole Proprietor
Lease Expiration:N/A
Lease Options:1@5
Building Size:1,200 sqft
Employees:1 FT; 0 PT

Reason for Sale:
Other Business Interests

Financials

Asking Price:$65,000
Down Payment:$65,000
Gross Sales:$156,000
Discretionary Cash Flow:$42,000
FF&E:$ 20,000
Inventory Included?Yes
Inventory:$ 5,000
Minimum Operating Capital:$ 5,000
Real Estate Available?No
Real Estate Asking Price:$ 0
Rent:$ 3,300/month
Payroll:$ 0/month
Financing:Call

Gross Sales
Gross Profit
Disc. Earnings

* YTD as of , ** = Prorated.

Broker Info


Kendric Foultz, CBB
Business Broker
(310) 882-2200 ext 102
LIC# 01376005

Summary

Business for sale is a nice well established independent retail postal center located in the Conejo Valley. The owner has learned that the closest U.S post office is slated to close in the next few months. This basically guarantees an increase in business without doing anything! This established business has been in operation for 18 years in this location. The business is run as an owner operator enterprise and there are no employees to worry about. The current owner has done some nice things with the business, but there are plenty of additional areas of opportunity. This is an ideal opportunity for someone looking for a pleasant work environment in a very casual and low pressure setting. If you have good credit the owner may carry a short term note. There are plenty of areas of opportunity for a creative buyer to do much more with this business. May 09 sales were up over the same period the year before. The owner has another business that is getting neglected and needs to sell. The owner is highly motivated and will consider any reasonable offer. Get in here now to pick this up before someone else does. If you would like more information about this business please go to www.bizex.net and "register". You may also contact Kendric Foultz directly at 310-968-2369.


More Details

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DISCLAIMER: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.