Best LA Food Distributors

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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




Arthur B. Kessler
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rel, CA 90292
Office: (310) 882-2200 ext 126
Direct: (310) 650-7900
Lic#: 01227004

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