2 Showroom Tile Retailer of Exclusive Brands

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Background

BizEx ID:BizEx1281-TB
General Location:Los Angeles, CA
Category: Bldg Materials, Home & Garden
Miscellaneous Retail
Years in Business:17
Under Present Owner:17
Hours of Operation:7 days 9-5
Owner Hours:5 day 9-5
Training:None
Organization Type:S-Corp
Lease Expiration:2023
Lease Options:Yes
Building Size:17000 sqft and 7000 sqft
Employees:12
Reason for Sale:Retirement

Financials

Asking Price:Call
Down Payment:Negotiable
Gross Sales:$4,264,030
Discretionary Cash Flow:$1,306,719
FF&E:$29,852
Inventory Included?Yes
Inventory:$779,900
Min. Operating Capital:$77,142
Real Estate Available?No
Rent:$34,041
Payroll:$19,986

2017 2018 2019
Gross Sales $ 4,998,597 $ 5,110,522 $ 4,264,030
Gross Profit $ 2,485,018 $ 2,825,416 $ 2,957,311
Disc. Earnings $ 494,583 $ 605,556 $ 1,306,719




Turhan Beriker
Business Broker / M&A Advisor
4640 Admiralty Way, suite 500
Marina del Rey, CA 90292
Office: (310) 882-2200 ext 154
Direct: 310-882-2200 x154
Lic#: 02074377

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