Business for Sale

Consumer Electronics Retail, WHSL, Online in LA

BizEx1256-EM

Background

General Location:Los Angeles, CA
Category: Retail
Electronic & Electrical Equipment
Years in Business:30
Under Present Owner:30
Hours of Operation:8:00pm - 5:00pm
Owner Hours:Varies
Training:4 weeks @ 30 hours
Organization Type:S-Corp
Lease Expiration:TBD
Lease Options:Building for Sale
Building Size:9,700
Employees:6
Reason for Sale:Retirement

Financials

Asking Price:$195,000
Down Payment:Negotiable
Gross Sales:$2,600,000
Discretionary Cash Flow:$150,000
FF&E:$15,000
Inventory Included?Yes
Inventory:$50,000
Min. Operating Capital:TBD
Real Estate Available?Yes
Rent:$7,800
Payroll:$9

2018 2017 2016
Gross Sales $ 2,800,000 $ 3,500,000 $ 4,600,000
Gross Profit $ $ $
Disc. Earnings $ 150,000 $ 175,000 $ 230,000

Description

Consumer Electronics Sales - Online, Retail and Wholesale, Based in Los Angeles

  • 30 Years in Business - excellent staff in place
  • Over 2,000 items for sale - numerous consumer electronics
  • Excellent Inventory turn-over
  • Majority are Online Sales - Amazon, Ebay, Walmart, Newegg
  • Great Cash Sales
  • 2018 - $2,800,000 in Sales; $150,000+ SDE Income

Note: the property is owned by the seller's and it is available also.

  • .35 of an acre
  • 9,700 sf office + warehouse free-standing building
  • Large fenced private parking area
  • Great street frontage
  • C2 Zoning
  • $1,900,000 List Price

For more information; please register and complete the Non-Disclosure Agreement at https://www.bizex.net/buy-business/register.

Eric Mellem, Business Broker at (310) 293-6414 or emellem@bizex.net or Alex Estrin, Business Broker and M&A Advisor, (310) 882-2200 ext. 158.

 


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Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.

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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




Alex Estrin
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 158
Direct: (310) 882-2200 ext 158
Lic#: 01919847