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




Stuart Gross
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 118
Direct: (310) 924-5384
Lic#: 01860825

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