Bakery Food Mfg w/ Santa Monica Retail Location
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Background
| BizEx ID: | BizEx500-MS |
|---|---|
| General Location: | Santa Monica, CA |
| Category: |
Wholesale/Distribution Food & Kindred Products |
| Years in Business: | 15 |
| Under Present Owner: | 6 |
| Hours of Operation: | Monday-Friday |
| Owner Hours: | Semi-Absentee |
| Training: | 2 weeks @ 20 hours |
| Organization Type: | |
| Lease Expiration: | |
| Lease Options: | |
| Building Size: | |
| Employees: | 0 |
| Reason for Sale: | Family Issues |
Financials
| Asking Price: | $899,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $2,550,000 |
| Discretionary Cash Flow: | $300,000 |
| FF&E: | |
| Inventory Included? | |
| Inventory: | |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | |
| Financing: | Call |
| 2009 | 2010 | 2011 | |
|---|---|---|---|
| Gross Sales | $ 2 | $ 2 | $ 3 |
| Gross Profit | $ 1 | $ 1 | $ |
| Disc. Earnings | $ 98,000 | $ 175,000 | $ 300,000 |
