Background
| BizEx ID: | BizEx1395-AK |
|---|---|
| General Location: | Greater Los Angeles, CA |
| Category: |
Other Business Services Food & Kindred Products |
| Years in Business: | 26 |
| Under Present Owner: | 26 |
| Hours of Operation: | m-f 9am-6pm |
| Owner Hours: | m-f 9am-6pm |
| Training: | None |
| Organization Type: | Sole proprietor |
| Lease Expiration: | |
| Lease Options: | |
| Building Size: | |
| Employees: | 1 |
| Reason for Sale: | Retirement |
Financials
| Asking Price: | $1,450,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $533,528 |
| Discretionary Cash Flow: | $514,202 |
| FF&E: | |
| Inventory Included? | |
| Inventory: | $0 |
| Min. Operating Capital: | $10,000 |
| Real Estate Available? | No |
| Rent: |
| 2021 | 2020 | |
|---|---|---|
| Gross Sales | $ 533,528 | $ 491,394 |
| Gross Profit | $ 533,528 | $ 491,394 |
| Disc. Earnings | $ 514,202 | $ 332,178 |
Description
The Owner consults with food businesses to create, package and implement new products.
Products are shown to a major retailer.
Owner receives a commission from product manufacturer based on what major retailer orders.
Training and recruiting staff may be a service offered to clients.
Working with food technologists, package designers and co-packers to bring forth new food products.
Some knowledge of PowerPoint and Excel is helpful.
Attending trade shows is essential to success.
Development projects may be short or long term in duration.
Interested parties please go to www.bizex.net and register as a buyer. Then contact Arthur Kessler at 310 650-7900 or akessler@bizex.net License #01227004
Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.
