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
OFF MARKET