Sold Business

Sold

Patio Profits

BizEx800-AK

Background

General Location:Sylmar, CA
Category: Furniture & Fixtures
Vinyl Products
Years in Business:29
Under Present Owner:29
Hours of Operation:mon-fri 8-4 sat 8-12 2x a mo
Owner Hours:mon-fri 8-4, sat 8-12 2x a mo
Training:4 weeks @ 20 hours
Organization Type:
Lease Expiration:month to month
Lease Options:
Building Size:7,200
Employees:11
Reason for Sale:retirement

Financials

Asking Price:$139,000
Down Payment:Negotiable
Gross Sales:$845,000
Discretionary Cash Flow:$75,770
FF&E:$125,000
Inventory Included?
Inventory:$70,000
Min. Operating Capital:$30,000
Real Estate Available?No
Rent:$4,000
Payroll:$15
Financing:Call

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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