Sold Business

Sold

Los Angeles Florist and Events

BizEx900-KF

Background

General Location:Burbank, CA
Category: Other Personal Services
Florist, Gifts
Years in Business:15
Under Present Owner:15
Hours of Operation:Tues-Sat 9am-6pm
Owner Hours:9am-6pm
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:04/30/2016
Lease Options:2@3years each
Building Size:1,600
Employees:0
Reason for Sale:spend more time with family/ exploring other opportunities

Financials

Asking Price:$139,000
Down Payment:Negotiable
Gross Sales:$265,798
Discretionary Cash Flow:$136,247
FF&E:$25,350
Inventory Included?
Inventory:$13,000
Min. Operating Capital:
Real Estate Available?No
Rent:$2,250
Financing:Seller

2015 2014 2013
Gross Sales $ 265,798 $ 306,646 $ 232,229
Gross Profit $ 133,607 $ 143,026 $ 115,126
Disc. Earnings $ 136,247 $ 142,292 $ 94,092

Return to Listings





Kendric Foultz, CBB
Business Broker
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 102
Direct: (310) 968-2369
Lic#: 01376005