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Cash For Gold Retail Store. Prime LA Location. CASH FLOW

BizEx1056-EM

Background

General Location:Los Angeles, CA
Category: Miscellaneous Retail
Finance, Banking, Loans & Leasing
Years in Business:8
Under Present Owner:8
Hours of Operation:11:00 am - 6:00 pm
Owner Hours:same
Training:2 weeks @ 20 hours
Organization Type:Sole proprietor
Lease Expiration:3/2018
Lease Options:Buyer to sign new
Building Size:1,000
Employees:1
Reason for Sale:Moving out of Country

Financials

Asking Price:$69,000
Down Payment:Negotiable
Gross Sales:$150,000
Discretionary Cash Flow:$120,000
FF&E:$10,000
Inventory Included?No
Inventory:$0
Min. Operating Capital:
Real Estate Available?No
Rent:$2,200
Financing:Buyer

2017 thru August 2016 2015
Gross Sales $ 130,000 $ 150,000 $ 150,000
Gross Profit $ 110,000 $ 120,000 $ 120,000
Disc. Earnings $ 110,000 $ 120,000 $ 120,000

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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