Cookware Distributor with Large Known Clients. So Cal Based

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Background

BizEx ID:BizEx1375-DH
General Location:Southern CA, CA
Category: Durable Goods
eCommerce
Years in Business:16
Under Present Owner:16
Hours of Operation:M-F 8a - 5p
Owner Hours:M-F 8a - 5p
Training:6 weeks @ 40 hours
Organization Type:S-Corp
Lease Expiration:Mo/Mo
Lease Options:Yes
Building Size:21,000
Employees:9
Reason for Sale:Personal

Financials

Asking Price:$9,995,000
Down Payment:Negotiable
Gross Sales:$11,000,000
Discretionary Cash Flow:$2,300,000
FF&E:$60,000
Inventory Included?Yes
Inventory:$1,600,000
Min. Operating Capital:TBD
Real Estate Available?Yes
Rent:$21,000
Payroll:$32,100
Financing:SBA




Dan Higgins
Marketing Consultant License #02114580
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 166
Direct: (714) 719-1809
Lic#: 02114580




Eric Mellem
Business Broker/ M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 1220802

OFF MARKET

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