Fiber Optics / IT Wireless Provider

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This listing is: Off Market

Background

BizEx ID:BizEx1007-CK
General Location:Los Angeles, CA
Category: Engineering
Construction
Years in Business:29
Under Present Owner:29
Hours of Operation:7a-5p M-F
Owner Hours:9a-4p M-F
Training:Open weeks @ Open hours
Organization Type:S-Corp
Lease Expiration:1/13/18
Lease Options:2 yr. min
Building Size:2,760
Employees:33
Reason for Sale:Semi Retirement

Financials

Asking Price:$3,249,000
Down Payment:Negotiable
Gross Sales:$3,923,543
Discretionary Cash Flow:$1,090,000
FF&E:$80,000-100,000
Inventory Included?Yes
Inventory:$60,000
Min. Operating Capital:$350,000
Real Estate Available?No
Rent:$3,100
Payroll:$101,000
Financing:Call

2016 2017 2018*
Gross Sales $ 4,509,403 $ 3,646,645 $ 2,522,254
Gross Profit $ 1,740,072 $ 2,509,838 $ 1,992,892
Disc. Earnings $ 297,647 $ 326,770 $ 974,790

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