2 Showroom Tile Retailer of Exclusive Brands
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Background
| BizEx ID: | BizEx1281-TB |
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| General Location: | Los Angeles, CA |
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| Category: |
Bldg Materials, Home & Garden
Miscellaneous Retail
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| Years in Business: | 17 |
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| Under Present Owner: | 17 |
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| Hours of Operation: | 7 days 9-5 |
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| Owner Hours: | 5 day 9-5 |
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| Training: | None |
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| Organization Type: | S-Corp |
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| Lease Expiration: | 2023 |
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| Lease Options: | Yes |
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| Building Size: | 17000 sqft and 7000 sqft |
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| Employees: | 12 |
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| Reason for Sale: | Retirement |
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Financials
| Asking Price: | Call |
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| Down Payment: | Negotiable |
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| Gross Sales: | $4,264,030 |
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| Discretionary Cash Flow: | $1,306,719 |
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| FF&E: | $29,852 |
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| Inventory Included? | Yes |
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| Inventory: | $779,900 |
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| Min. Operating Capital: | $77,142 |
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| Real Estate Available? | No |
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| Rent: | $34,041 |
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| Payroll: | $19,986 |
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|
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
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 154
Direct: 310-882-2200 x154
Lic#: 02074377
