BizEx459-KF: MMA Retail Shop

Background:

General Location:Woodland Hills, CA
Category:Retail > Apparel & Accessory Stores
Retail > Miscellaneous Retail
Years in Business:1.5
Under Present Owner:1.5
Hours of Operation:Tues-Sun 11-7
Owner Hours:flexible
Training:2 weeks, 20 hours/week
Organization Type:LLC
Lease Expiration:N/A
Lease Options:
Building Size:600 sqft
Employees: FT; 2 PT

Reason for Sale:
other interests

Financials

Asking Price:$35,000
Down Payment:$35,000
Gross Sales:$250,000
Discretionary Cash Flow:$24,000
FF&E:$ 10,000
Inventory Included?Yes
Inventory:$ 25,000
Minimum Operating Capital:$
Real Estate Available?No
Real Estate Asking Price:$
Rent:$ 2,000/month
Payroll:$1,200 /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

Retail specialty sporting goods business for sale in the Los Angeles area. This business focuses on a very popular and growing self defense niche. It has very little direct competition and customers come from miles around to purchase the high quality merchandise. The business is located on a high traffic street and has excellent signage. It has only been open approximately a year and a half and has been profitable from the start. The business boasts a data base of over 1,500 customers and has a current POS system. There is a modest website, but no attempt as of yet to build an online business. Owner has priced this to move as he has other interests and needs to free up his time. The current rent is running about 10% of revenues which is what you want to see for a successful business. There is additional space available if a new owner wishes to expand. For more information please go to www.bizex.net and "register" as a buyer or you may 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.