Internet Retailer & Distributer of condoms

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Background

BizEx ID:BizEx101-JD
General Location:Los Angeles, CA
Category: Software & Technology
Consumer Services (B2C)
Years in Business:17
Under Present Owner:17
Hours of Operation:
Owner Hours:40
Training:3 weeks @ 40 hours
Organization Type:
Lease Expiration:10/11/09
Lease Options:no current options
Building Size:2,200
Employees:4
Reason for Sale:Board Member Duties for other Organization

Financials

Asking Price:$800,000
Down Payment:Negotiable
Gross Sales:$975,000
Discretionary Cash Flow:$188,000
FF&E:
Inventory Included?
Inventory:$30,000
Min. Operating Capital:
Real Estate Available?No
Rent:$4,989
Payroll:$10
Financing:Call

2009
Gross Sales $ 832,569
Gross Profit $ 434,593
Disc. Earnings $ 188,000




John DeGolyer
Business Broker
4551 Glencoe Ave, Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 109
Direct: (310) 463-4835
Lic#: 01859016




Michael S. Davidson, CBI, CM&AP, M&AMI
President, M&A Advisor
4551 Glencoe Ave., suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 101
Direct: 310-882-2200 ext 101
Lic#: 01257681

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