Premium Office-Furniture Refurbishing Business
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Background
| BizEx ID: | BizEx1146-TC |
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| General Location: | Los Angeles, CA |
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| Category: |
Manufacturing
Furniture
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| Years in Business: | 6 |
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| Under Present Owner: | 6 |
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| Hours of Operation: | |
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| Owner Hours: | |
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| Training: | 3 weeks @ 15 hours |
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| Organization Type: | LLC |
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| Lease Expiration: | |
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| Lease Options: | |
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| Building Size: | |
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| Employees: | 4 |
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| Reason for Sale: | Other business interests |
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Financials
| Asking Price: | $749,500 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $1,149,000 |
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| Discretionary Cash Flow: | $251,000 |
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| FF&E: | |
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| Inventory Included? | Yes |
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| Inventory: | $50,000 |
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| Min. Operating Capital: | $50,000 |
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| Real Estate Available? | No |
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| Rent: | |
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| Financing: | SBA |
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|
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
OFF MARKET
