This listing is: Off Market
Background
| BizEx ID: | BizEx1054-EM |
| General Location: | Los Angeles, CA |
| Category: |
Miscellaneous Retail
Miscellaneous Manufacturing
|
| Years in Business: | 17 |
| Under Present Owner: | 17 |
| Hours of Operation: | 8:00 am - 6:00 pm, Monday to Saturday |
| Owner Hours: | 8:00 am - 6:00 pm, Monday to Saturday |
| Training: | 4 weeks @ 20 hours |
| Organization Type: | S-Corp |
| Lease Expiration: | TBD |
| Lease Options: | TBD |
| Building Size: | 1,200 |
| Employees: | 1 |
| Reason for Sale: | Other Opportunites |
Financials
| Asking Price: | $245,000 |
| Down Payment: | Negotiable |
| Gross Sales: | $300,000 |
| Discretionary Cash Flow: | $125,000 |
| FF&E: | $15,000 |
| Inventory Included? | No |
| Inventory: | $5,000 |
| Min. Operating Capital: | $10,000 |
| Real Estate Available? | Yes |
| Rent: | $2,500 |
| Financing: | SBA |
|
2017 | 2016 | 2015 |
| Gross Sales |
$ 300,000 | $ 120,000 | $ 211,000 |
| Gross Profit |
$ 120,000 | $ 99,000 | $ 141,000 |
| Disc. Earnings |
$ 125,000 | $ 21,000 | $ 70,000 |