This listing is: Off Market
Background
| BizEx ID: | BizEx1321-SL |
| General Location: | Virtual, CA |
| Category: |
Software & Technology
Educational Services
|
| Years in Business: | 20 |
| Under Present Owner: | all |
| Hours of Operation: | 8am-5pm |
| Owner Hours: | both owners are full-time |
| Training: | negotiable weeks @ hours |
| Organization Type: | S-Corp |
| Lease Expiration: | n/a |
| Lease Options: | n/a |
| Building Size: | n/a |
| Employees: | 7 |
| Reason for Sale: | Retirement |
Financials
| Asking Price: | $5,200,000 |
| Down Payment: | Negotiable |
| Gross Sales: | $2,278,315 |
| Discretionary Cash Flow: | $1,078,920 |
| FF&E: | n/a |
| Inventory Included? | No |
| Inventory: | n/a |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $0 |
| Financing: | SBA |
|
2021 Aug projections | 2020 | 2019 |
| Gross Sales |
$ 2,278,315 | $ 1,587,643 | $ 1,418,757 |
| Gross Profit |
$ 1,910,378 | $ 1,245,018 | $ 1,067,832 |
| Disc. Earnings |
$ 1,078,920 | $ 760,391 | $ 650,308 |