Premier Full Service Floral Design A+ Clients. LA

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Background

BizEx ID:BizEx1389-DH
General Location:Los Angeles, CA
Category: General Internet
Florist, Gifts
Years in Business:23
Under Present Owner:23
Hours of Operation:M, W, F 8a-5p
Owner Hours:Varies
Training:6 weeks @ 20 hours
Organization Type:C-Corp
Lease Expiration:Mo/Mo
Lease Options:
Building Size:
Employees:4
Reason for Sale:Other Interest

Financials

Asking Price:$900,000
Down Payment:Negotiable
Gross Sales:$725,000
Discretionary Cash Flow:$275,000
FF&E:$10,000
Inventory Included?Yes
Inventory:$17,000
Min. Operating Capital:$50,000
Real Estate Available?No
Rent:$2,000
Payroll:$2,000
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

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