Best LA Food Distributors
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Background
| BizEx ID: | BizEx1120-AK |
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| General Location: | Los Angeles, CA |
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| Category: |
Food & Kindred Products
Paper & Allied Products
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| Years in Business: | 53 |
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| Under Present Owner: | 2 |
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| Hours of Operation: | mon-fri 8am-5pm |
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| Owner Hours: | as desired |
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| Training: | 3 weeks @ 20 hours |
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| Organization Type: | S-Corp |
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| Lease Expiration: | |
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| Lease Options: | |
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| Building Size: | 130,000 |
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| Employees: | 8 |
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| Reason for Sale: | Other Business Interests |
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Financials
| Asking Price: | $665,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $2,294,288 |
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| Discretionary Cash Flow: | $309,634 |
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| FF&E: | $20,000 |
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| Inventory Included? | No |
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| Inventory: | $80-100,000 |
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| Min. Operating Capital: | $100,000 |
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| Real Estate Available? | No |
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| Rent: | $0 |
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| Payroll: | $20,000 |
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| Financing: | SBA |
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|
2017 | 2016 Mar-Dec |
| Gross Sales |
$ 2,294,288 | $ 1,931,401 |
| Gross Profit |
$ 568,711 | $ 500,307 |
| Disc. Earnings |
$ 309,634 | $ 92,716 |
Arthur B. Kessler
Business Broker / M&A Advisor
100 Wilshire Boulevard
Santa Monica, CA 90401
Office: (310) 882-2200 ext 126
Direct: (310) 650-7900
Lic#: 01227004
