Consumer Electronics Retail, WHSL, Online in LA

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Background

BizEx ID:BizEx1256-EM
General Location:Los Angeles, CA
Category: Retail
Electronic & Electrical Equipment
Years in Business:30
Under Present Owner:30
Hours of Operation:8:00pm - 5:00pm
Owner Hours:Varies
Training:4 weeks @ 30 hours
Organization Type:S-Corp
Lease Expiration:TBD
Lease Options:Building for Sale
Building Size:9,700
Employees:6
Reason for Sale:Retirement

Financials

Asking Price:$195,000
Down Payment:Negotiable
Gross Sales:$2,600,000
Discretionary Cash Flow:$150,000
FF&E:$15,000
Inventory Included?Yes
Inventory:$50,000
Min. Operating Capital:TBD
Real Estate Available?Yes
Rent:$7,800
Payroll:$9

2018 2017 2016
Gross Sales $ 2,800,000 $ 3,500,000 $ 4,600,000
Gross Profit $ $ $
Disc. Earnings $ 150,000 $ 175,000 $ 230,000




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