Construction 40+ Clients HOA/PM Co in LA

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Background

BizEx ID:BizEx1421-EM
General Location:Los Angeles, CA
Category: Business Services (B2B)
Construction
Years in Business:9
Under Present Owner:9
Hours of Operation:8:00am - 5:00pm
Owner Hours:9:00am - 5:00pm
Training:4 weeks @ 30 hours
Organization Type:S-Corp
Lease Expiration:3/31/2024
Lease Options:Buyer to sign new lease or relocate
Building Size:1,559
Employees:1
Reason for Sale:Retirement

Financials

Asking Price:$990,000
Down Payment:Negotiable
Gross Sales:$2,700,000
Discretionary Cash Flow:$450,000
FF&E:$5,000
Inventory Included?Yes
Inventory:$1,200
Min. Operating Capital:
Real Estate Available?No
Rent:$2,933
Financing:SBA

2022
Gross Sales $ 2,700,000
Gross Profit $ 688,000
Disc. Earnings $ 460,000




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




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

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