Custom Art Framing Shop/Gallery Long Record of Profit-Westside
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Background
| BizEx ID: | BizEx153-SG |
|---|---|
| General Location: | Brentwood Village, CA |
| Category: |
Retail Manufacturing |
| Years in Business: | 25 |
| Under Present Owner: | 5 |
| Hours of Operation: | 9-5 m-sat |
| Owner Hours: | 10-4 |
| Training: | 3 weeks @ 20 hours |
| Organization Type: | |
| Lease Expiration: | 4/30/2011 |
| Lease Options: | |
| Building Size: | 1,100 |
| Employees: | 0 |
| Reason for Sale: | One Partner Retiring |
Financials
| Asking Price: | $385,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $389,069 |
| Discretionary Cash Flow: | $133,221 |
| FF&E: | $28,000 |
| Inventory Included? | |
| Inventory: | $25,000 |
| Min. Operating Capital: | $32,000 |
| Real Estate Available? | No |
| Rent: | $7,258 |
| Financing: | SBA |
