Retail Antiques Co. Upscale LA, Includes HUGE Inventory Incl

Home / Listing / Retail Antiques Co. Upscale LA, Includes HUGE Inventory Incl

Background

BizEx ID:BizEx1194-EM
General Location:Los Angeles, CA
Category: Retail
Home Furniture & Furnishings
Years in Business:23
Under Present Owner:23
Hours of Operation:10:00 - 6:00 M-Sat
Owner Hours:Same
Training:2 weeks @ 30 hours
Organization Type:S-Corp
Lease Expiration:7 years
Lease Options:
Building Size:2,500
Employees:2
Reason for Sale:Other Opportunities

Financials

Asking Price:$375,000
Down Payment:Negotiable
Gross Sales:$500,000
Discretionary Cash Flow:$150,000
FF&E:$10,000
Inventory Included?Yes
Inventory:$800,000
Min. Operating Capital:$50,000
Real Estate Available?No
Rent:$10,600
Payroll:$3




Eric Mellem
Business Broker/ M&A Advisor
4640 Admiralty Way, Suite 500
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 01220802

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