Top LA Food Distributors Established 53 Years
Home / Listing / Top LA Food Distributors Established 53 Years
Sold
Background
| BizEx ID: | BizEx1120-AK |
|---|---|
| General Location: | Los Angeles, CA |
| Category: |
Food & Kindred Products Paper & Allied Products |
| Years in Business: | 53 |
| Under Present Owner: | 2 |
| Hours of Operation: | mon-fri 8am-5pm |
| Owner Hours: | as desired |
| Training: | 3 weeks @ 20 hours |
| Organization Type: | S-Corp |
| Lease Expiration: | |
| Lease Options: | |
| Building Size: | 130,000 |
| Employees: | 8 |
| Reason for Sale: | Other Business Interests |
Financials
| Asking Price: | $665,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $2,294,288 |
| Discretionary Cash Flow: | $309,634 |
| FF&E: | $20,000 |
| Inventory Included? | No |
| Inventory: | $80-100,000 |
| Min. Operating Capital: | $100,000 |
| Real Estate Available? | No |
| Rent: | $0 |
| Payroll: | $20,000 |
| Financing: | SBA |
| 2017 | 2016 Mar-Dec | |
|---|---|---|
| Gross Sales | $ 2,294,288 | $ 1,931,401 |
| Gross Profit | $ 568,711 | $ 500,307 |
| Disc. Earnings | $ 309,634 | $ 92,716 |
