This listing is: Off Market
Background
BizEx ID: | BizEx1440-JC |
General Location: | Los Angeles, CA |
Category: |
Wholesale/Distribution
Jewelry Design and Sales
|
Years in Business: | 15 |
Under Present Owner: | Yes |
Hours of Operation: | Mon.-Fri. 10:30am-4:00pm; Sat. by appointment only |
Owner Hours: | 27.5 |
Training: | 2 weeks @ 10 hours |
Organization Type: | LLC |
Lease Expiration: | September 2024 |
Lease Options: | Month to month at expiration; New buyer to negotiate with the landlord |
Building Size: | 800 sq. ft. |
Employees: | 0 |
Reason for Sale: | Partners are retiring from the business |
Financials
Asking Price: | $680,000 |
Down Payment: | Negotiable |
Gross Sales: | $692,686 |
Discretionary Cash Flow: | $286,744 |
FF&E: | |
Inventory Included? | |
Inventory: | |
Min. Operating Capital: | $30,000 |
Real Estate Available? | No |
Rent: | $2,583 |
|
2023 | 2022 | 2021 |
Gross Sales |
$ 498,735 | $ 491,029 | $ 480,622 |
Gross Profit |
$ 267,615 | $ 215,169 | $ 197,385 |
Disc. Earnings |
$ 227,262 | $ 175,328 | $ 157,395 |