Music School & Retail Store
Home
/ Listing / Music School & Retail Store
Background
| BizEx ID: | BizEx594-RD |
|---|
| General Location: | Santa Monica, CA |
|---|
| Category: |
Miscellaneous Retail
Educational Services
|
|---|
| Years in Business: | 40 |
|---|
| Under Present Owner: | 40 |
|---|
| Hours of Operation: | Mon - Sat. |
|---|
| Owner Hours: | Part-time |
|---|
| Training: | 2 weeks @ 20 hours |
|---|
| Organization Type: | |
|---|
| Lease Expiration: | |
|---|
| Lease Options: | |
|---|
| Building Size: | 5,000 |
|---|
| Employees: | 11 |
|---|
| Reason for Sale: | Retiring |
|---|
Financials
| Asking Price: | $210,000 |
|---|
| Down Payment: | Negotiable |
|---|
| Gross Sales: | $1,163,218 |
|---|
| Discretionary Cash Flow: | $102,774 |
|---|
| FF&E: | |
|---|
| Inventory Included? | |
|---|
| Inventory: | $200,000 |
|---|
| Min. Operating Capital: | |
|---|
| Real Estate Available? | No |
|---|
| Rent: | $15,000 |
|---|
| Financing: | Call |
|---|
|
*July 2012- April 2013 | 2011-2012 | 2010-2011 |
| Gross Sales |
$ 979,035 | $ 1,163,218 | $ 1,117,726 |
| Gross Profit |
$ 420,596 | $ 606,268 | $ 594,082 |
| Disc. Earnings |
$ 94,908 | $ 102,774 | $ 76,618 |
Robert Dean
Business Broker
4551 Glencoe Ave., suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 122
Direct: (310) 793-6757
Lic#: 01720308
Stuart Gross
Business Broker / M&A Advisor
4640 Admiralty Way, Suite 500
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 118
Direct: (310) 924-5384
Lic#: 01860825
OFF MARKET
