Retail Mattress Store-South Bay

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Background

BizEx ID:BizEx1247-CG
General Location:long beach, CA
Category: Retail
Home Furniture & Furnishings
Years in Business:30
Under Present Owner:5
Hours of Operation:10AM-7PM Weekdays 10-6 Weekend
Owner Hours:Absentee Owner
Training:2-4 weeks weeks @ Flexible hours
Organization Type:S-Corp
Lease Expiration:2014
Lease Options:yes
Building Size:4695 Sq. ft.
Employees:3
Reason for Sale:New Business

Financials

Asking Price:$75,000
Down Payment:Negotiable
Gross Sales:Call
Discretionary Cash Flow:$91,000
FF&E:$30,000
Inventory Included?Yes
Inventory:$52,000
Min. Operating Capital:$50,000
Real Estate Available?No
Rent:$11,000
Financing:Call

2017
Gross Sales $ 1,396,000
Gross Profit $ 504,930
Disc. Earnings $ 176




Charles Graziani
M&A Advisor/ Staffing Group
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 131
Direct: (312) 404-4771
Lic#: 01906842

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