Best Grocer

Home / Listing / Best Grocer

Sold

Background

BizEx ID:BizEx1322-AK
General Location:Los Angeles, CA
Category: Food & Kindred Products
Miscellaneous Retail
Years in Business:61
Under Present Owner:61
Hours of Operation:8am-7pm 7days
Owner Hours:varies
Training:None
Organization Type:C-Corp
Lease Expiration:12/31/2022
Lease Options:
Building Size:6,450
Employees:17
Reason for Sale:Death of Founder

Financials

Asking Price:$1,695,000
Down Payment:Negotiable
Gross Sales:$4,191,524
Discretionary Cash Flow:$364,588
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:included
Real Estate Available?No
Rent:$11,600
Payroll:$51
Financing:SBA

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
4551 Glencoe Ave., Suite 210
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