FUN Retail Store. Prime LA Beach Area. Inventory Cost ONLY

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Background

BizEx ID:BizEx1098-EM
General Location:Redondo Beach, CA
Category: Retail
Apparel & Accessory Stores
Years in Business:27
Under Present Owner:3
Hours of Operation:10:00am - 6:00pm, 7 days
Owner Hours:Varies
Training:2 weeks @ 30 hours
Organization Type:LLC
Lease Expiration:6/2018
Lease Options:Buyer to secure new Lease
Building Size:1,600
Employees:7
Reason for Sale:Moving out of Area

Financials

Asking Price:Accepting Offers
Down Payment:Negotiable
Gross Sales:$420,000
Discretionary Cash Flow:$30,000
FF&E:$10,000
Inventory Included?No
Inventory:$70,000
Min. Operating Capital:
Real Estate Available?No
Rent:$7,430
Payroll:$4,200
Financing:Buyer

2017 2016 2015
Gross Sales $ 416,000 $ 390,000 $ 351,000
Gross Profit $ 170,000 $ 160,000 $ 176,000
Disc. Earnings $ 12,000 $ 0 $ 0

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