Designer Furniture & Accessories Showroom
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Background
| BizEx ID: | BizEx22-ML |
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| General Location: | Los Angeles, CA |
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| Category: |
Furniture
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| Years in Business: | 19 |
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| Under Present Owner: | 19 |
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| Hours of Operation: | M-Sa, 10-6 |
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| Owner Hours: | Full Time |
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| Training: | 3 weeks @ 30 hours |
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| Organization Type: | |
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| Lease Expiration: | 09/30/08 |
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| Lease Options: | 1, 3 years |
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| Building Size: | 3,000 |
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| Employees: | 6 |
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| Reason for Sale: | Retirement |
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Financials
| Asking Price: | $425,000 |
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| Down Payment: | $425,000 |
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| Gross Sales: | $991,273 |
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| Discretionary Cash Flow: | $126,385 |
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| FF&E: | $41,500 |
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| Inventory Included? | |
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| Inventory: | $100,000 |
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| Min. Operating Capital: | $30,000 |
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| Real Estate Available? | No |
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| Rent: | $4,900 |
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| Payroll: | $8 |
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| Financing: | Call |
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