Best Grocer
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Background
| BizEx ID: | BizEx1322-AK |
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| General Location: | Los Angeles, CA |
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| Category: |
Food & Kindred Products
Miscellaneous Retail
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| Years in Business: | 61 |
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| Under Present Owner: | 61 |
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| Hours of Operation: | 8am-7pm 7days |
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| Owner Hours: | varies |
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| Training: | None |
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| Organization Type: | C-Corp |
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| Lease Expiration: | 12/31/2022 |
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| Lease Options: | |
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| Building Size: | 6,450 |
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| Employees: | 17 |
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| Reason for Sale: | Death of Founder |
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Financials
| Asking Price: | $1,695,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $4,191,524 |
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| Discretionary Cash Flow: | $364,588 |
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| FF&E: | |
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| Inventory Included? | |
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| Inventory: | |
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| Min. Operating Capital: | included |
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| Real Estate Available? | No |
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| Rent: | $11,600 |
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| Payroll: | $51 |
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| Financing: | SBA |
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|
2019 | 2018 | 2017 |
| Gross Sales |
$ 4,191,524 | $ 4,068,078 | $ 3,072,667 |
| Gross Profit |
$ 1,405,611 | $ 1,326,513 | $ 1,269,270 |
| Disc. Earnings |
$ 180,980 | $ 109,073 | $ 154,861 |
Arthur B. Kessler
Business Broker / M&A Advisor
100 Wilshire Boulevard
Santa Monica, CA 90401
Office: (310) 882-2200 ext 126
Direct: (310) 650-7900
Lic#: 01227004
