Greater South Gate Liquor

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Background

BizEx ID:BizEx1133-AK
General Location:Los Angeles, CA
Category: Liquor Stores
Food & Kindred Products
Years in Business:46
Under Present Owner:7
Hours of Operation:9-11 mon-thur & sun, 9am-1am fri & sat,
Owner Hours:absentee
Training:2 weeks @ 20 hours
Organization Type:Sole proprietor
Lease Expiration:9/2018
Lease Options:one 5yr
Building Size:2200sf
Employees:3
Reason for Sale:Other Business Interests

Financials

Asking Price:$140,000
Down Payment:Negotiable
Gross Sales:$560,352
Discretionary Cash Flow:$90,000
FF&E:$50,000
Inventory Included?No
Inventory:$30,000
Min. Operating Capital:$15,000
Real Estate Available?No
Rent:$2,350
Payroll:$4,500
Financing:Other

2019 2018 2017
Gross Sales $ 560,352 $ 576,342 $ 557
Gross Profit $ 191,430 $ 194,920 $ 191,750
Disc. Earnings $ 72,238 $ 82,810 $ 81,833




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