Westside Florist

Home / Listing / Westside Florist

Background

BizEx ID:BizEx1002-KF
General Location:Westside Los Angeles, CA
Category: Florist, Gifts
Years in Business:25
Under Present Owner:25
Hours of Operation:M-F 8:00-5:00 Sat 10:00-4:00
Owner Hours:8:30-3:00 M-F
Training:2 weeks @ 20 hours
Organization Type:S-Corp
Lease Expiration:5-2019
Lease Options:1@5 years
Building Size:950 sqft
Employees:5
Reason for Sale:Retirement

Financials

Asking Price:$249,500
Down Payment:$100,000
Gross Sales:$356,857
Discretionary Cash Flow:$131,365
FF&E:$37,050
Inventory Included?Yes
Inventory:$2,000
Min. Operating Capital:
Real Estate Available?No
Rent:$3,765
Financing:Seller




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

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations