Business for Sale

Herbal Smoke, Inc.

BizEx92-KF

Background

General Location:Northridge, CA
Category: Wholesale/Distribution
Non Durable Goods
Years in Business:4
Under Present Owner:4
Hours of Operation:M-F 10-6
Owner Hours:40
Training:4 weeks @ 20 hours
Organization Type:
Lease Expiration:01/09
Lease Options:3@ 1 year each
Building Size:2,400
Employees:4
Reason for Sale:Other business interests

Financials

Asking Price:$500,000
Down Payment:$500,000
Gross Sales:$400,000
Discretionary Cash Flow:$100,000
FF&E:$10,000
Inventory Included?
Inventory:$200,000
Min. Operating Capital:$10,000
Real Estate Available?No
Rent:$2,350
Payroll:$2
Financing:Call

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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