Business for Sale

Whlsle/Retail:Home & Hotel Products (multi-state)

BizEx946-MS

Background

General Location:Los Angeles, CA
Category: Durable Goods
Home Furniture & Furnishings
Years in Business:20 HI/7 CA
Under Present Owner:20 HI/7 CA
Hours of Operation:M-Sat 9 - 4
Owner Hours:varies
Training:4 weeks @ 20 hours
Organization Type:
Lease Expiration:
Lease Options:
Building Size:12900
Employees:12
Reason for Sale:Retirement

Financials

Asking Price:$3,750,000
Down Payment:Negotiable
Gross Sales:$7,370,000
Discretionary Cash Flow:$1,023,000
FF&E:$218,000
Inventory Included?
Inventory:$700,000
Min. Operating Capital:
Real Estate Available?No
Rent:$17,561
Financing:Call

2013 2014 2015
Gross Sales $ 5,578,000 $ 6,051,000 $ 7,390,000
Gross Profit $ 1,778,467 $ 1,980,000 $ 2,287,000
Disc. Earnings $ 559,300 $ 824,000 $ 1,023,000

Return to Listings





Mina Singson-Brightman
Business Broker
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (808) 797-3067 ext 125
Direct: (310) 734-6769
Lic#: 01866495