Branded Product Manufacturer and Distributor. FUN CO
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Background
| BizEx ID: | BizEx1019-EM |
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| General Location: | Orange County, CA |
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| Category: |
Wholesale/Distribution
Miscellaneous Retail
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| Years in Business: | 25 |
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| Under Present Owner: | 25 |
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| Hours of Operation: | 7:00 am - 4:00 pm, M-F |
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| Owner Hours: | 7:00 am - 4:00 pm, M-F |
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| Training: | 2 weeks @ 20 hours |
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| Organization Type: | S-Corp |
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| Lease Expiration: | 3/2018 |
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| Lease Options: | Buyer will need to sign a new Lease Agreement |
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| Building Size: | 5,200 |
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| Employees: | 4 |
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| Reason for Sale: | Other Opportunity |
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Financials
| Asking Price: | $999,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $1,100,000 |
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| Discretionary Cash Flow: | $370,000 |
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| FF&E: | $15,000 |
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| Inventory Included? | No |
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| Inventory: | $50,000 |
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| Min. Operating Capital: | $50,000 |
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| Real Estate Available? | No |
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| Rent: | $4,160 |
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| Payroll: | $7,250 |
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| Financing: | Seller |
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|
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 |
Eric Mellem
Business Broker/ M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 1220802
OFF MARKET
