Background
| BizEx ID: | BizEx1508-EM |
|---|---|
| General Location: | Los Angeles, CA |
| Category: |
Other Miscellaneous Services Consumer Services (B2C) |
| Years in Business: | 4 |
| Under Present Owner: | 4 |
| Hours of Operation: | 8:00am - 6:00pm |
| Owner Hours: | Varies |
| Training: | 2 weeks @ 40 hours |
| Organization Type: | LLC |
| Lease Expiration: | 2,2027 |
| Lease Options: | Renewable |
| Building Size: | 1,600 |
| Employees: | 3 |
| Reason for Sale: | Other Opportunities |
Financials
| Asking Price: | $350,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $307,000 |
| Discretionary Cash Flow: | $0 |
| FF&E: | $10,000 |
| Inventory Included? | Yes |
| Inventory: | $1,000 |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $3,200 |
| Payroll: | $6,000 |
Description
United Parcel Service Franchise in East Los Angeles County. Controls a 5 mile Radius Area.
This business is being sold on opportunity and NOT on the Net Income. In 2024 the Net Income was $59,000 when the owner was operating the store. Since then he has hire a manager for $55,000 per year and the store is running a loss; expected to be around $10,000 this year. A buyer would want to operate the store and not rely on a manager.
The seller has a few ideas that a buyer could incorporate to generate additional revenue.
Seller Financing Note is possible for a qualified buyer with around 50% cash down payment.
This is a Franchise and a buyer will need to qualify with the corporate office after an offer is accepted.
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.
