Business for Sale

Office Furniture Biz - New & Recycled

BizEx351-SM

Background

General Location:Los Angeles, CA
Category: Furniture
Other Miscellaneous Services
Years in Business:40
Under Present Owner:40
Hours of Operation:M-F
Owner Hours:
Training:4 weeks @ 10 hours
Organization Type:
Lease Expiration:
Lease Options:2 - 5 yr Options -
Building Size:3,600
Employees:4
Reason for Sale:Retiring

Financials

Asking Price:$160,000
Down Payment:Negotiable
Gross Sales:$280,551
Discretionary Cash Flow:$84,704
FF&E:$25,000
Inventory Included?
Inventory:$55,000
Min. Operating Capital:
Real Estate Available?No
Rent:
Financing:Call

2010** 2009 ***Relocated
Gross Sales $ 280,515 $ 240,101 $ n/a
Gross Profit $ 181,556 $ 120,411 $ n/a
Disc. Earnings $ 84,704 $ 53,843 $ n/a

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Shelli Margolin
Business Broker
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 128
Direct:
Lic#: 00902695