UNDER CONTRACT
BizEx231-AK: Hidden Gem Independent Mail & Business Center

Background:

General Location:Los Angeles, CA
Category:Retail > Postal Centers
Services > Business Services
Years in Business:35
Under Present Owner:1
Hours of Operation:m-f 9-6, sat 10-3
Owner Hours:m-f 9-6, sat 10-3
Training:4 weeks, 20 hours/week
Organization Type:Sole Proprietor
Lease Expiration:October 31, 2014
Lease Options:2 @ 5 years
Building Size:1075 sqft
Employees: FT; PT

Reason for Sale:
Other Business Interests

Financials

Asking Price:$169,000
Down Payment:Negotiable
Gross Sales:$163,620
Discretionary Cash Flow:$73,832
FF&E:$ 38,000
Inventory Included?Yes
Inventory:$ 2,000
Minimum Operating Capital:$ 12,000
Real Estate Available?No
Real Estate Asking Price:$ 0
Rent:$ 2,000/month
Payroll:$ 0/month
Financing:Call

Gross Sales
Gross Profit
Disc. Earnings

* YTD as of , ** = Prorated.

Broker Info


Arthur B. Kessler
Business Broker
(310) 882-2200 ext 126
LIC# 01227004

Summary

Great opportunity with this independent mail and business center. Complete postal and business services center located in a prime Los Angeles location. This location is a proven winner for 35 years with a substantial customer base and excellent foot and vehicle traffic. The store has been completely refurbished and compares favorably with most other mail centers. The lease is very favorable and has Proposition 13 protection. Rent increases are limited to 3% per year. Excellent parking is available for customers. The Owner has done the hard work and built a profitable, growing business that you can take to the next level.

Interested parties should contact Arthur Kessler at 310 882-2200 x126 at BizEx Business Brokers.


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.