Custom Wood Flooring Company - Los Angeles
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Background
| BizEx ID: | BizEx211-TP |
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| General Location: | West Los Angeles, CA |
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| Category: |
Bldg Materials, Home & Garden
Building
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| Years in Business: | 16 |
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| Under Present Owner: | 16 |
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| Hours of Operation: | M-F 8am-5pm Sat. 9am-2pm |
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| Owner Hours: | 45 hrs/week |
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| Training: | 2 weeks @ 20 hours |
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| Organization Type: | |
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| Lease Expiration: | |
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| Lease Options: | |
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| Building Size: | 3,600 |
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| Employees: | 4 |
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| Reason for Sale: | Focus on other business. |
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Financials
| Asking Price: | $475,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $1,407,344 |
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| Discretionary Cash Flow: | $199,524 |
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| FF&E: | $85,000 |
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| Inventory Included? | |
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| Inventory: | $60,000 |
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| Min. Operating Capital: | $75,000 |
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| Real Estate Available? | No |
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| Rent: | $4,500 |
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| Payroll: | $10 |
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| Financing: | Call |
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|
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
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 127
Direct: (818) 585-4215
Lic#: 01895229
OFF MARKET
