BizEx65-KC: Thousand Oaks Flower Shop

Background:

General Location:Thousand Oaks, CA
Category:Retail > Flower Shop
Years in Business:27
Under Present Owner:27
Hours of Operation:m-Sat 9-6
Owner Hours:Full time
Training:8 weeks, 20 hours/week
Organization Type:Sole Proprietor
Lease Expiration:N/A
Lease Options:N/A
Building Size:1,400 sqft
Employees:1 FT; 1 PT

Reason for Sale:
Retirement

Financials

Asking Price:$150,000
Down Payment:$150,000
Gross Sales:$280,000
Discretionary Cash Flow:$80,000
FF&E:$ 20,000
Inventory Included?Yes
Inventory:$ 50,000
Minimum Operating Capital:$ 1,000
Real Estate Available?No
Real Estate Asking Price:$ 0
Rent:$ 3,100/month
Payroll:$ 0/month
Financing:Call

None...None...None...
Gross SalesNone...None...None...
Gross ProfitNone...None...None...
Disc. EarningsNone...None...None...

* YTD as of None..., ** = Prorated.

Broker Info


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

Summary

Business for sale in Thousand Oaks, California is a retail flower shop. The owner has put in 27 years at this location and is ready to retire. There is a long list of repeat customers and plenty of opportunity for a more energetic owner to grow the business. The motivated owner is willing to spend eight weeks of training to make sure that the buyer is totally comfortable in running the operation as well as pointing out all of the upside potential. New businesses are opening near by and should add traffic. Don't miss your opportunity to pick up this stable landmark business. Make an offer an see what happens! For more information please go to www.bizex.net and "register". You may also call Kendric Foultz 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.