24 Year Old Commercial Furniture Manufacturing and Repair
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Background
| BizEx ID: | BizEx1079-DC |
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| General Location: | Downey, CA |
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| Category: |
Manufacturing
Furniture
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| Years in Business: | 24 |
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| Under Present Owner: | 24 |
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| Hours of Operation: | 6am - 3pm |
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| Owner Hours: | 6am - 6pm |
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| Training: | 4 weeks @ 20 hours |
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| Organization Type: | S-Corp |
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| Lease Expiration: | month to month |
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| Lease Options: | NA |
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| Building Size: | 7,315 sq ft |
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| Employees: | 6 |
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| Reason for Sale: | Retirement |
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Financials
| Asking Price: | $414,000 |
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| Down Payment: | $41,400 |
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| Gross Sales: | $760,000 |
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| Discretionary Cash Flow: | $164,160 |
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| FF&E: | |
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| Inventory Included? | |
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| Inventory: | |
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| Min. Operating Capital: | $40,000 |
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| Real Estate Available? | No |
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| Rent: | $5,315 |
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| Payroll: | $18,000 |
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| Financing: | Other |
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|
2016 | 2015 | 2014 |
| Gross Sales |
$ 759,673 | $ 758,790 | $ 816,549 |
| Gross Profit |
$ 497,843 | $ 445,361 | $ 479,224 |
| Disc. Earnings |
$ 166,578 | $ 76,175 | $ 105,750 |
David Chavez
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina del Rey, CA 90292
Office: (310) 882-2200 ext 133
Direct: (310) 503-6847
Lic#: 01918858
OFF MARKET
