Golf Cart Custom Manuf, Sales, Service - Riveside Area CA
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Background
| BizEx ID: | BizEx1127-EM |
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| General Location: | So. Cal., CA |
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| Category: |
Retail
Manufacturing
|
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| Years in Business: | 8 |
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| Under Present Owner: | 8 |
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| Hours of Operation: | 8:00am - 5:00pm, M-F |
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| Owner Hours: | Varies |
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| Training: | 4 weeks @ 30 hours |
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| Organization Type: | LLC |
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| Lease Expiration: | TBD |
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| Lease Options: | Buyer to Negotiate New Lease |
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| Building Size: | 7,400 |
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| Employees: | 8 |
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| Reason for Sale: | Semi-Retirement |
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Financials
| Asking Price: | $2,499,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $2,500,000 |
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| Discretionary Cash Flow: | $600,000 |
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| FF&E: | $400,000 |
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| Inventory Included? | Yes |
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| Inventory: | $800,000 |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $9,250 |
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| Payroll: | $20 |
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| Financing: | SBA |
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|
2017 | 2016 | 2015 |
| Gross Sales |
$ 2,493,528 | $ 2,424,125 | $ 2,175,075 |
| Gross Profit |
$ 1,024,018 | $ 1,011,086 | $ 963,185 |
| Disc. Earnings |
$ 596,558 | $ 450,573 | $ 379,480 |
Eric Mellem
Business Broker/ M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 1220802
Don Mellem
Business Broker / M&A Advisor
4640 Admiralty Way, Suite 500
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 155
Direct: 310-882-2200 x155
Lic#: 01845922
OFF MARKET
