This listing is: Off Market
Background
| BizEx ID: | BizEx1278-TM |
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| General Location: | Los Angeles, CA |
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| Category: |
Special Trades
Industrial & Commercial Machinery
|
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| Years in Business: | 15 |
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| Under Present Owner: | 15 |
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| Hours of Operation: | N/A |
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| Owner Hours: | 50-60hrs |
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| Training: | 52 weeks @ 40 hours |
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| Organization Type: | S-Corp |
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| Lease Expiration: | 10/31/2022 |
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| Lease Options: | (1) 3 year |
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| Building Size: | 10,500 Sq.Ft. |
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| Employees: | 27 |
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| Reason for Sale: | Retirement & Other Business Interests |
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Financials
| Asking Price: | Accepting Offers |
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| Down Payment: | Negotiable |
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| Gross Sales: | $5,862,645 |
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| Discretionary Cash Flow: | $1,059,800 |
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| FF&E: | $910,365 |
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| Inventory Included? | Yes |
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| Inventory: | $250,371 |
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| Min. Operating Capital: | $1,700,000 |
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| Real Estate Available? | No |
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| Rent: | $10,805 |
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| Payroll: | $128,749 |
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| Financing: | SBA |
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|
2021 (Jan-Sept) | 2020 | 2019 |
| Gross Sales |
$ 4,152,214 | $ 5,862,645 | $ 9,410,155 |
| Gross Profit |
$ 2,605,815 | $ 3,980,059 | $ 4,882,535 |
| Disc. Earnings |
$ 684,708 | $ 1,059,800 | $ 1,939,633 |
