Los Angeles Suburb Florist

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Background

BizEx ID:BizEx1301-KF
General Location:Conejo Valley area, CA
Category: Florist, Gifts
Years in Business:23
Under Present Owner:23
Hours of Operation:9:30am-5pm
Owner Hours:9am-5pm
Training:4 weeks @ 20 hours
Organization Type:Sole proprietor
Lease Expiration:October 1, 2024
Lease Options:N/A
Building Size:1,166
Employees:6
Reason for Sale:Moving out of the country

Financials

Asking Price:$185,000
Down Payment:$185,000
Gross Sales:$215,000
Discretionary Cash Flow:$75,000
FF&E:$20,000
Inventory Included?Yes
Inventory:$6,000
Min. Operating Capital:$6,000
Real Estate Available?No
Rent:$2,078
Payroll:$3,600
Financing:Call




Kendric Foultz
Business Broker / M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 102
Direct: (310) 968-2369
Lic#: 01376005

OFF MARKET

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