Sold Business

Sold

Financial Opportunity

BizEx222-AK

Background

General Location:Los Angeles, CA
Category: Finance, Banking, Loans & Leasing
Years in Business:30
Under Present Owner:30
Hours of Operation:mon-fri 10am-6pm
Owner Hours:mon-fri 10am-6pm
Training:4 weeks @ 30 hours
Organization Type:
Lease Expiration:1 march 2011
Lease Options:none
Building Size:626
Employees:3
Reason for Sale:Retirement

Financials

Asking Price:$599,000
Down Payment:Negotiable
Gross Sales:$320,000
Discretionary Cash Flow:$170,000
FF&E:$10,000
Inventory Included?
Inventory:$0
Min. Operating Capital:
Real Estate Available?No
Rent:$2,608
Payroll:$15
Financing:Seller

2009
Gross Sales $ 320,000
Gross Profit $
Disc. Earnings $ 170,000

Return to Listings





Arthur B. Kessler
Business Broker
4551 Glencoe Ave., Suite 210
Marina Del Rel, CA 90292
Office: (310) 882-2200 ext 126
Direct: (310) 650-7900
Lic#: 01227004