Profitable Niche Photography Biz in Irvine Growth
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This listing is: Off Market
Background
| BizEx ID: | BizEx1189-AK |
|---|---|
| General Location: | Greater Irvine, CA |
| Category: |
Other Personal Services Special Trades |
| Years in Business: | 12 |
| Under Present Owner: | 12 |
| Hours of Operation: | 9am-6pm mon-fri |
| Owner Hours: | as needed |
| Training: | 4 weeks @ 20 hours |
| Organization Type: | LLC |
| Lease Expiration: | TBD |
| Lease Options: | TBD |
| Building Size: | 5,822 |
| Employees: | 13 |
| Reason for Sale: | Other Business Interests |
Financials
| Asking Price: | $4,500,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $2,930,824 |
| Discretionary Cash Flow: | $1,113,274 |
| FF&E: | $110,000 |
| Inventory Included? | No |
| Inventory: | N/A |
| Min. Operating Capital: | $115,000 |
| Real Estate Available? | No |
| Rent: | $11,000 |
| Payroll: | $52,000 |
| Financing: | SBA |
| 2018 | 2017 | 2016 | |
|---|---|---|---|
| Gross Sales | $ 2,930,824 | $ 2,879,837 | $ 2,406,632 |
| Gross Profit | $ 2,888,639 | $ 2,815,594 | $ 2,341,206 |
| Disc. Earnings | $ 1,113,274 | $ 979,026 | $ 953,242 |
