Business for Sale

Branded Product Manufacturer and Distributor. FUN CO

BizEx1019-EM

Background

General Location:Orange County, CA
Category: Wholesale/Distribution
Miscellaneous Retail
Years in Business:25
Under Present Owner:25
Hours of Operation:7:00 am - 4:00 pm, M-F
Owner Hours:7:00 am - 4:00 pm, M-F
Training:2 weeks @ 20 hours
Organization Type:S-Corp
Lease Expiration:3/2018
Lease Options:Buyer will need to sign a new Lease Agreement
Building Size:5,200
Employees:4
Reason for Sale:Other Opportunity

Financials

Asking Price:$999,000
Down Payment:Negotiable
Gross Sales:$1,100,000
Discretionary Cash Flow:$370,000
FF&E:$15,000
Inventory Included?No
Inventory:$50,000
Min. Operating Capital:$50,000
Real Estate Available?No
Rent:$4,160
Payroll:$7,250
Financing:Seller

2016 2015 2014
Gross Sales $ 1,133,216 $ 1,013,509 $ 1,095,686
Gross Profit $ 580,095 $ 453,574 $ 521,557
Disc. Earnings $ 370,375 $ 287,793 $ 360,189

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Eric Mellem
Business Broker/ M&A Advisor
4551 Glencoe Ave. #210
Marina del Rey, CA 90292
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 01220802