Reason for Sale:
other business interests & travel time
Financials
Asking Price:
$289,000
Down Payment:
Negotiable
Gross Sales:
$460,232
Discretionary Cash Flow:
$104,515
FF&E:
$ 200,000
Inventory Included?
No
Inventory:
$50,000
Minimum Operating Capital:
$ 0
Real Estate Available?
No
Real Estate Asking Price:
$ 0
Rent:
$ 6,160/month
Payroll:
$2500/month
Financing:
Call
2009
Gross Sales
593973
Gross Profit
306528
Disc. Earnings
188096
* YTD as of , ** = Prorated.
Broker Info
Arthur B. Kessler
Business Broker
(310) 882-2200 ext 126
LIC# 01227004
Summary
Market and Deli, with Beer and Wine, established over 18 years at a busy intersection in a strip mall in Malibu across from a popular beach.
The business has excellent mix of locals and tourists. The Owner installed new tile flooring, new fixtures and equipment when he purchased this delightful market in 2008. There is a wonderful deli counter with indoor and outdoor seating available. This business has high profit margins and one of the lowest rents in Malibu. Ideal for new owner who enjoys retail sales business in a great neighborhood. Excellent foot and vehicle traffic at this popular strip mall. The local customer base is long established and very loyal. It is possible to apply for a full liquor license. Once obtained an increase in business should follow.
Interested parties please register as a potential buyer at www.bizex.net and contact Arthur Kessler at 310 882-2200 x126 or 310 650-7900 (cell).
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.
