Retail Mattress Store-South Bay
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Background
| BizEx ID: | BizEx1247-CG |
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| General Location: | long beach, CA |
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| Category: |
Retail
Home Furniture & Furnishings
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| Years in Business: | 30 |
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| Under Present Owner: | 5 |
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| Hours of Operation: | 10AM-7PM Weekdays 10-6 Weekend |
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| Owner Hours: | Absentee Owner |
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| Training: | 2-4 weeks weeks @ Flexible hours |
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| Organization Type: | S-Corp |
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| Lease Expiration: | 2014 |
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| Lease Options: | yes |
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| Building Size: | 4695 Sq. ft. |
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| Employees: | 3 |
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| Reason for Sale: | New Business |
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Financials
| Asking Price: | $75,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | Call |
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| Discretionary Cash Flow: | $91,000 |
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| FF&E: | $30,000 |
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| Inventory Included? | Yes |
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| Inventory: | $52,000 |
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| Min. Operating Capital: | $50,000 |
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| Real Estate Available? | No |
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| Rent: | $11,000 |
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| Financing: | Call |
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|
2017 |
| Gross Sales |
$ 1,396,000 |
| Gross Profit |
$ 504,930 |
| Disc. Earnings |
$ 176 |
Charles Graziani
M&A Advisor/ Staffing Group
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 131
Direct: (312) 404-4771
Lic#: 01906842
