Business for Sale

West LA Healthfood Store with Cafe

BizEx1270-TM

Background

General Location:Venice, CA
Category: Coffee Shop
Supermarkets
Years in Business:35
Under Present Owner:1
Hours of Operation:M-F 9am-8pm; Sa-Su 8am-7pm
Owner Hours:30
Training:6 weeks @ 20 hours
Organization Type:S-Corp
Lease Expiration:2028
Lease Options:
Building Size:2400 sq.ft.
Employees:4
Reason for Sale:Lack of Working Capital

Financials

Asking Price:$300,000
Down Payment:Negotiable
Gross Sales:$1,000,000
Discretionary Cash Flow:$45,000
FF&E:$100,000
Inventory Included?Yes
Inventory:$130,000
Min. Operating Capital:$100,000
Real Estate Available?No
Rent:$22,000
Payroll:$19,000
Financing:Call

Description

GROWTH & EXPANSION OPPORTUNITIES

Immediate sales growth can be achieved by increasing inventory count and marketing dollars.

REASON FOR SELLING

Seller unable to provide cash to grow business.

IDEAL NEW OWNER

with inventory management and marketing skills.

 


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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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Tony Miller
M&A Advisor
4551 Glencoe Ave. #210
Marina del Rey, CA 90292
Office: (310) 882-2200 ext 143
Direct: (310) 801-0512
Lic#: 02004232