Business for Sale

24 Year Old Commercial Furniture Manufacturing and Repair

BizEx1079-DC

Background

General Location:Downey, CA
Category: Manufacturing
Furniture
Years in Business:24
Under Present Owner:24
Hours of Operation:6am - 3pm
Owner Hours:6am - 6pm
Training:4 weeks @ 20 hours
Organization Type:S-Corp
Lease Expiration:month to month
Lease Options:NA
Building Size:7,315 sq ft
Employees:6
Reason for Sale:Retirement

Financials

Asking Price:$414,000
Down Payment:$41,400
Gross Sales:$760,000
Discretionary Cash Flow:$164,160
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:$40,000
Real Estate Available?No
Rent:$5,315
Payroll:$18,000
Financing:Other

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

Return to Listings





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