General Store/Market - 35+ Years in Business

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Background

BizEx ID:BizEx1302-AK
General Location:Los Angeles, CA
Category: General Merchandise Store
Liquor Stores
Years in Business:35
Under Present Owner:3
Hours of Operation:9am - 9pm
Owner Hours:n/a
Training:2 weeks @ 40 hours
Organization Type:S-Corp
Lease Expiration:2023
Lease Options:5 years - 2028
Building Size:2,500
Employees:2
Reason for Sale:Sellers have additional businesses that are in need of their attention

Financials

Asking Price:$30,000
Down Payment:Negotiable
Gross Sales:$127,807
Discretionary Cash Flow:$Call
FF&E:$35,000
Inventory Included?Yes
Inventory:$20,000
Min. Operating Capital:$20,000
Real Estate Available?No
Rent:$6,654
Financing:Call




Arthur B. Kessler
Business Broker / M&A Advisor
4640 Admiralty Way, Suite 500
Marina Del Rel, CA 90292
Office: (310) 882-2200 ext 126
Direct: (310) 650-7900
Lic#: 01227004

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