Mobile Phone Dealer, Busy LA Location

Home / Listing / Mobile Phone Dealer, Busy LA Location

Sold

Background

BizEx ID:BizEx1272-EM
General Location:Los Angeles, CA
Category: Retail
Cell Phones
Years in Business:6
Under Present Owner:6
Hours of Operation:10:00 - 8:00, M-Sat, 10:00 - 5:00 Sun
Owner Hours:Varies
Training:2 weeks @ 40 hours
Organization Type:S-Corp
Lease Expiration:Month to month
Lease Options:New Lease for Buyer
Building Size:1,665
Employees:6
Reason for Sale:Other Opportunities

Financials

Asking Price:$139,000
Down Payment:Negotiable
Gross Sales:$300,000
Discretionary Cash Flow:$90,000
FF&E:$60,000
Inventory Included?Yes
Inventory:$30,000
Min. Operating Capital:TBD
Real Estate Available?No
Rent:$4,300
Payroll:$9,500

2018 2017 2016
Gross Sales $ 300,000 $ 300,000 $ 300,000
Gross Profit $ $ $
Disc. Earnings $ 90,000 $ 90,000 $ 90,000




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