80% ROI Lighting Biz 70yrs+ Business

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Background

BizEx ID:BizEx1296-BJ
General Location:Los Angeles, CA
Category: Retail
Business Services
Years in Business:74
Under Present Owner:33
Hours of Operation:8am-5pm
Owner Hours:8am-5pm
Training:TBD weeks @ TBD hours
Organization Type:Sole proprietor
Lease Expiration:3 years renew
Lease Options:
Building Size:7000
Employees:9
Reason for Sale:Family

Financials

Asking Price:$1,300,000
Down Payment:Negotiable
Gross Sales:Call
Discretionary Cash Flow:Call
FF&E:Yes
Inventory Included?Yes
Inventory:$800,000-$1M
Min. Operating Capital:
Real Estate Available?No
Rent:$11,000

2020 2019 2018
Gross Sales $ 1,934,425 $ 2,700,498 $ 3,003,190
Gross Profit $ $ $
Disc. Earnings $ 271,655 $ 491,495 $ 531,646




Betty Jong
Business Broker / M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 161
Direct: 310-882-2200 X161
Lic#: 01916702

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