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FUN Retail Store. Prime LA Beach Area. Inventory Cost ONLY

BizEx1098-EM

Background

General Location:Redondo Beach, CA
Category: Retail
Apparel & Accessory Stores
Years in Business:27
Under Present Owner:3
Hours of Operation:10:00am - 6:00pm, 7 days
Owner Hours:Varies
Training:2 weeks @ 30 hours
Organization Type:LLC
Lease Expiration:6/2018
Lease Options:Buyer to secure new Lease
Building Size:1,600
Employees:7
Reason for Sale:Moving out of Area

Financials

Asking Price:Call
Down Payment:Negotiable
Gross Sales:$420,000
Discretionary Cash Flow:$30,000
FF&E:$10,000
Inventory Included?No
Inventory:$70,000
Min. Operating Capital:
Real Estate Available?No
Rent:$7,430
Payroll:$4,200
Financing:Buyer

2017 2016 2015
Gross Sales $ 416,000 $ 390,000 $ 351,000
Gross Profit $ 170,000 $ 160,000 $ 176,000
Disc. Earnings $ 12,000 $ 0 $ 0

Return to Listings





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