Mobile Phone Dealer, Busy LA Location
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Background
| BizEx ID: | BizEx1272-EM |
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| General Location: | Los Angeles, CA |
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| Category: |
Retail
Cell Phones
|
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| Years in Business: | 6 |
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| Under Present Owner: | 6 |
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| Hours of Operation: | 10:00 - 8:00, M-Sat, 10:00 - 5:00 Sun |
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| Owner Hours: | Varies |
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| Training: | 2 weeks @ 40 hours |
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| Organization Type: | S-Corp |
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| Lease Expiration: | Month to month |
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| Lease Options: | New Lease for Buyer |
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| Building Size: | 1,665 |
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| Employees: | 6 |
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| Reason for Sale: | Other Opportunities |
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Financials
| Asking Price: | $139,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $300,000 |
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| Discretionary Cash Flow: | $90,000 |
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| FF&E: | $60,000 |
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| Inventory Included? | Yes |
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| Inventory: | $30,000 |
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| Min. Operating Capital: | TBD |
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| Real Estate Available? | No |
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| Rent: | $4,300 |
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| Payroll: | $9,500 |
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|
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
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 1220802
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
