Westside Florist
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Background
| BizEx ID: | BizEx1002-KF |
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| General Location: | Westside Los Angeles, CA |
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| Category: |
Florist, Gifts
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| Years in Business: | 25 |
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| Under Present Owner: | 25 |
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| Hours of Operation: | M-F 8:00-5:00 Sat 10:00-4:00 |
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| Owner Hours: | 8:30-3:00 M-F |
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| Training: | 2 weeks @ 20 hours |
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| Organization Type: | S-Corp |
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| Lease Expiration: | 5-2019 |
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| Lease Options: | 1@5 years |
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| Building Size: | 950 sqft |
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| Employees: | 5 |
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| Reason for Sale: | Retirement |
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Financials
| Asking Price: | $249,500 |
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| Down Payment: | $100,000 |
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| Gross Sales: | $356,857 |
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| Discretionary Cash Flow: | $131,365 |
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| FF&E: | $37,050 |
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| Inventory Included? | Yes |
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| Inventory: | $2,000 |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $3,765 |
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| Financing: | Seller |
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Kendric Foultz
Business Broker / M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 102
Direct: (310) 968-2369
Lic#: 01376005
