Premium Office-Furniture Refurbishing Business

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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




Thomas Culo
Business Broker / M&A Advisor
4640 Admiralty Way, Suite 500
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 153
Direct: (310) 340-9900
Lic#: 01891506

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