Entertainment Marketing & Advertising Biz in Hollywood
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Background
| BizEx ID: | BizEx1405-TP |
| General Location: | Hollywood, CA |
| Category: |
Entertainment/Film Production Industries
Entertainment
|
| Years in Business: | 33 |
| Under Present Owner: | 2004 |
| Hours of Operation: | Mon-Fri 7am to 3pm - Flexible |
| Owner Hours: | Mon-Fri 7am to 3pm - Flexible |
| Training: | 2 weeks @ 20 hours |
| Organization Type: | S-Corp |
| Lease Expiration: | October 31, 2024 |
| Lease Options: | TBD |
| Building Size: | 3000 SF - Foyer, 3 offices and warehouse with 20 ft ceilings and roll-up door, 1 unisex bathroom |
| Employees: | 3 |
| Reason for Sale: | Retirement |
Financials
| Asking Price: | $295,000 |
| Down Payment: | $295,000 |
| Gross Sales: | $430,601 |
| Discretionary Cash Flow: | $154,020 |
| FF&E: | $12,750 |
| Inventory Included? | No |
| Inventory: | $0 |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $5,700 |
| Financing: | Call |
|
2022 | 2021 | 2020 |
| Gross Sales |
$ 430,601 | $ 382,934 | $ 340,670 |
| Gross Profit |
$ | $ | $ |
| Disc. Earnings |
$ 154,000 | $ 123,877 | $ 70,169 |