This listing is: Off Market
Background
| BizEx ID: | BizEx1233-TP |
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| General Location: | Los Angeles, CA |
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| Category: |
Retail
Health, Medical & Dental
|
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| Years in Business: | 32 |
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| Under Present Owner: | 20 |
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| Hours of Operation: | M-F 8:30am - 7:00pm SAT 9:30am - 2:00pm |
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| Owner Hours: | 40 Hours Plus |
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| Training: | 2 weeks @ 20/week hours |
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| Organization Type: | S-Corp |
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| Lease Expiration: | April 30, 2020 |
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| Lease Options: | 2 Five Year Options |
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| Building Size: | 1500 sf |
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| Employees: | 12 |
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| Reason for Sale: | Retirement |
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Financials
| Asking Price: | $2,700,000 |
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| Down Payment: | $2,700,000 |
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| Gross Sales: | $9,093,388 |
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| Discretionary Cash Flow: | $2,000,000 |
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| FF&E: | $30,000 |
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| Inventory Included? | No |
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| Inventory: | $100,000 |
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| Min. Operating Capital: | $500,000 |
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| Real Estate Available? | No |
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| Rent: | $6,900 |
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|
2018 | 2017 | 2016 |
| Gross Sales |
$ 9,093,388 | $ 9,603,145 | $ 9,768,556 |
| Gross Profit |
$ 2,828,442 | $ 2,980,362 | $ 2,885,943 |
| Disc. Earnings |
$ 2,000,000 | $ 2,000,000 | $ 2,000,000 |
