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Gold Exchange Store - Awesome Deal!

BizEx477-SM

Background

General Location:Marina Del Rey, CA
Category: Wholesale/Distribution
Jewelry Design and Sales
Years in Business:9 months
Under Present Owner:9 monhs
Hours of Operation:10 am - 6 pm
Owner Hours:Varies
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:4/2014
Lease Options:
Building Size:800
Employees:2
Reason for Sale:Family issues

Financials

Asking Price:$40,000
Down Payment:Negotiable
Gross Sales:$325,404
Discretionary Cash Flow:$59,928
FF&E:$25,000
Inventory Included?
Inventory:$60,000
Min. Operating Capital:$15,000
Real Estate Available?No
Rent:$2,600
Payroll:$3
Financing:Call

2011***
Gross Sales $ 325,404
Gross Profit $ 147,888
Disc. Earnings $ 59,928

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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