Sold
Background
| BizEx ID: | BizEx1191-AK |
|---|---|
| General Location: | Los Angeles, CA |
| Category: |
Wholesale/Distribution Food & Kindred Products |
| Years in Business: | 25 |
| Under Present Owner: | 5 |
| Hours of Operation: | 5am-4pm mon-sat |
| Owner Hours: | 4am-noon mon-sat |
| Training: | 4 weeks @ 20 hours |
| Organization Type: | S-Corp |
| Lease Expiration: | 8/2019 |
| Lease Options: | |
| Building Size: | 5,900 |
| Employees: | 7 |
| Reason for Sale: | Retirement |
Financials
| Asking Price: | $410,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $4,196,091 |
| Discretionary Cash Flow: | $325,000 |
| FF&E: | $70,000 |
| Inventory Included? | No |
| Inventory: | $300,000 |
| Min. Operating Capital: | $35,000 |
| Real Estate Available? | No |
| Rent: | $9,548 |
| Payroll: | $20,600 |
| Financing: | Seller |
