This listing is: Off Market
Background
| BizEx ID: | BizEx1146-TC |
| General Location: | Los Angeles, CA |
| Category: |
Manufacturing
Furniture
|
| Years in Business: | 6 |
| Under Present Owner: | 6 |
| Hours of Operation: | |
| Owner Hours: | |
| Training: | 3 weeks @ 15 hours |
| Organization Type: | LLC |
| Lease Expiration: | |
| Lease Options: | |
| Building Size: | |
| Employees: | 4 |
| Reason for Sale: | Other business interests |
Financials
| Asking Price: | $749,500 |
| Down Payment: | Negotiable |
| Gross Sales: | $1,149,000 |
| Discretionary Cash Flow: | $251,000 |
| FF&E: | |
| Inventory Included? | Yes |
| Inventory: | $50,000 |
| Min. Operating Capital: | $50,000 |
| Real Estate Available? | No |
| Rent: | |
| Financing: | SBA |
|
2018 | 2017 | 2016 |
| Gross Sales |
$ 1,149,000 | $ 1,034 | $ 867,000 |
| Gross Profit |
$ 497,000 | $ 497,000 | $ 393,000 |
| Disc. Earnings |
$ 251,000 | $ 241,000 | $ 19,900 |