This listing is: Off Market
Background
| BizEx ID: | BizEx1314-EM |
| General Location: | Los Angeles, CA |
| Category: |
Business Services (B2B)
Construction
|
| Years in Business: | 16 |
| Under Present Owner: | 16 |
| Hours of Operation: | 5:00 am - 4:00 pm, Mon - Sat |
| Owner Hours: | Varies |
| Training: | 4 weeks @ 30 hours |
| Organization Type: | LLC |
| Lease Expiration: | 2024 |
| Lease Options: | |
| Building Size: | 2,400 |
| Employees: | 8 |
| Reason for Sale: | Retirement |
Financials
| Asking Price: | $6,250,000 |
| Down Payment: | Negotiable |
| Gross Sales: | $7,500,000 |
| Discretionary Cash Flow: | $1,250,000 |
| FF&E: | $1,250,000 |
| Inventory Included? | Yes |
| Inventory: | $5,000 |
| Min. Operating Capital: | $275,000 |
| Real Estate Available? | No |
| Rent: | $11,000 |
| Payroll: | $52,000 |
|---|
| Financing: | SBA |
|
2020 | 2019 | 2018 |
| Gross Sales |
$ 7,400,000 | $ 5,300,000 | $ 5,500,000 |
| Gross Profit |
$ | $ | $ |
| Disc. Earnings |
$ 1,250,000 | $ 970,000 | $ 890,000 |