Designer Furniture & Accessories Showroom

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Background

BizEx ID:BizEx22-ML
General Location:Los Angeles, CA
Category: Furniture
Years in Business:19
Under Present Owner:19
Hours of Operation:M-Sa, 10-6
Owner Hours:Full Time
Training:3 weeks @ 30 hours
Organization Type:
Lease Expiration:09/30/08
Lease Options:1, 3 years
Building Size:3,000
Employees:6
Reason for Sale:Retirement

Financials

Asking Price:$425,000
Down Payment:$425,000
Gross Sales:$991,273
Discretionary Cash Flow:$126,385
FF&E:$41,500
Inventory Included?
Inventory:$100,000
Min. Operating Capital:$30,000
Real Estate Available?No
Rent:$4,900
Payroll:$8
Financing:Call




Miles M. Logothetis
Business Broker / M&A Advisor
4551 Glencoe Ave., suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 105
Direct: (310) 919-7477
Lic#: 01406738

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