80% ROI Lighting Biz 70yrs+ Business
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Background
| BizEx ID: | BizEx1296-BJ |
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| General Location: | Los Angeles, CA |
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| Category: |
Retail
Business Services
|
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| Years in Business: | 74 |
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| Under Present Owner: | 33 |
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| Hours of Operation: | 8am-5pm |
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| Owner Hours: | 8am-5pm |
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| Training: | TBD weeks @ TBD hours |
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| Organization Type: | Sole proprietor |
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| Lease Expiration: | 3 years renew |
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| Lease Options: | |
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| Building Size: | 7000 |
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| Employees: | 9 |
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| Reason for Sale: | Family |
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Financials
| Asking Price: | $1,300,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | Call |
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| Discretionary Cash Flow: | Call |
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| FF&E: | Yes |
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| Inventory Included? | Yes |
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| Inventory: | $800,000-$1M |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $11,000 |
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|
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
