Custom Wood Flooring Company - Los Angeles

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Background

BizEx ID:BizEx211-TP
General Location:West Los Angeles, CA
Category: Bldg Materials, Home & Garden
Building
Years in Business:16
Under Present Owner:16
Hours of Operation:M-F 8am-5pm Sat. 9am-2pm
Owner Hours:45 hrs/week
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:
Lease Options:
Building Size:3,600
Employees:4
Reason for Sale:Focus on other business.

Financials

Asking Price:$475,000
Down Payment:Negotiable
Gross Sales:$1,407,344
Discretionary Cash Flow:$199,524
FF&E:$85,000
Inventory Included?
Inventory:$60,000
Min. Operating Capital:$75,000
Real Estate Available?No
Rent:$4,500
Payroll:$10
Financing:Call

2011 2012 2013
Gross Sales $ 1,186,139 $ 1,236,515 $ 1,407,344
Gross Profit $ 383,614 $ 409,762 $ 487,072
Disc. Earnings $ 71,055 $ 153,512 $ 199,524




Tom Plotkin
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 127
Direct: (818) 585-4215
Lic#: 01895229

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