Mattress, Furniture Store, OC, $100k Net Income
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Background
BizEx ID: | BizEx1221-DM |
General Location: | Orange, CA |
Category: |
Retail
Furniture
|
Years in Business: | 6 |
Under Present Owner: | 6 |
Hours of Operation: | 7 Days: 10:00am - 6:00pm |
Owner Hours: | Varies |
Training: | 2 weeks @ 40 hours |
Organization Type: | LLC |
Lease Expiration: | 2020 +5yr |
Lease Options: | 5yr |
Building Size: | 1835 |
Employees: | 1 |
Reason for Sale: | Moving out of state |
Financials
Asking Price: | $89,000 |
Down Payment: | Negotiable |
Gross Sales: | $225,000 |
Discretionary Cash Flow: | $100,000 |
FF&E: | $3,000 |
Inventory Included? | Yes |
Inventory: | $20,000 |
Min. Operating Capital: | TBD |
Real Estate Available? | No |
Rent: | $2,650 |
|
2018 YTD | 2017 | 2016 |
Gross Sales |
$ 200,000 | $ 195,000 | $ 195,000 |
Gross Profit |
$ | $ | $ |
Disc. Earnings |
$ 100,000 | $ 92,000 | $ 86,000 |
Don Mellem
Business Broker / M&A Advisor
4640 Admiralty Way, Suite 500
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 155
Direct: 310-882-2200 x155
Lic#: 01845922
Eric Mellem
Business Broker/ M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 01220802