Meat, Poultry Dist Co, 25 years LA, 200k Net Inc

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Background

BizEx ID:BizEx1192-EM
General Location:LOS ANGELES, CA
Category: Wholesale/Distribution
Food & Kindred Products
Years in Business:25
Under Present Owner:7 - Purchased from Family
Hours of Operation:4:00 am - 12:00, M-F
Owner Hours:Varies
Training:4 weeks @ 30 hours
Organization Type:S-Corp
Lease Expiration:
Lease Options:
Building Size:
Employees:4
Reason for Sale:Other Opportunities

Financials

Asking Price:$250,000
Down Payment:Negotiable
Gross Sales:$3,400,000
Discretionary Cash Flow:$200,000
FF&E:$70,000
Inventory Included?Yes
Inventory:$25,000
Min. Operating Capital:
Real Estate Available?No
Rent:
Payroll:$6
Financing:Buyer

2018 2017 2016
Gross Sales $ 3,400,000 $ 2,270,000 $ 2,000,000
Gross Profit $ $ $
Disc. Earnings $ 200,000 $ 180,000 $ 140,000




Eric Mellem
Business Broker/ M&A Advisor
4551 Glencoe Ave. #210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 01220802




Alex Estrin
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 158
Direct: (310) 882-2200 ext 158
Lic#: 01919847

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