Sold Business

Sold

Vapes, E-Cigarette; Retail Store and Lounge. Prime Los Angeles area

BizEx1118-EM

Background

General Location:Los Angeles, CA
Category: Retail
Amusement & Recreation
Years in Business:4
Under Present Owner:4
Hours of Operation:11:00am - 11:00pm
Owner Hours:Varies
Training:2 weeks @ 30 hours
Organization Type:S-Corp
Lease Expiration:2019
Lease Options:
Building Size:850
Employees:3
Reason for Sale:Other Business Interests

Financials

Asking Price:$145,000
Down Payment:Negotiable
Gross Sales:$275,000
Discretionary Cash Flow:$75,000
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:$20,000
Real Estate Available?No
Rent:$3,400
Payroll:$2
Financing:Buyer

2017 TYD Aug 2016 2015
Gross Sales $ 181,000 $ 171,000 $ 106,000
Gross Profit $ 102,000 $ 98,000 $ 59,000
Disc. Earnings $ 50,000 $ 40,000 $ 10,000

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