Transcription and Document Workflow Biz, LA Based

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Background

BizEx ID:BizEx1273-EM
General Location:Los Angeles, CA
Category: Consumer Services (B2C)
Business Services
Years in Business:11
Under Present Owner:11
Hours of Operation:Varies
Owner Hours:Varies
Training:2 weeks @ 40 hours
Organization Type:S-Corp
Lease Expiration:2025
Lease Options:
Building Size:2,175
Employees:26
Reason for Sale:Retirement

Financials

Asking Price:$1,950,000
Down Payment:Negotiable
Gross Sales:$1,400,000
Discretionary Cash Flow:$515,000
FF&E:$50,000
Inventory Included?Yes
Inventory:$1,000
Min. Operating Capital:TBD
Real Estate Available?No
Rent:$4,000
Payroll:$220,000
Financing:SBA

2019 2018 2017
Gross Sales $ 1,327,000 $ 1,278,000 $ 1,335,000
Gross Profit $ 996,000 $ 938,000 $ 962,000
Disc. Earnings $ 515,000 $ 446,000 $ 430,000




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




Don Mellem
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 155
Direct: 310-882-2200 x155
Lic#: 01845922

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