Prime Financial Opportunity in LA - Established 30
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Background
| BizEx ID: | BizEx222-AK |
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| General Location: | Los Angeles, CA |
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| Category: |
Finance, Banking, Loans & Leasing
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| Years in Business: | 30 |
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| Under Present Owner: | 30 |
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| Hours of Operation: | mon-fri 10am-6pm |
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| Owner Hours: | mon-fri 10am-6pm |
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| Training: | 4 weeks @ 30 hours |
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| Organization Type: | |
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| Lease Expiration: | 1 march 2011 |
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| Lease Options: | none |
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| Building Size: | 626 |
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| Employees: | 3 |
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| Reason for Sale: | Retirement |
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Financials
| Asking Price: | $599,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $320,000 |
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| Discretionary Cash Flow: | $170,000 |
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| FF&E: | $10,000 |
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| Inventory Included? | |
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| Inventory: | $0 |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $2,608 |
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| Payroll: | $15 |
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| Financing: | Seller |
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|
2009 |
| Gross Sales |
$ 320,000 |
| Gross Profit |
$ |
| Disc. Earnings |
$ 170,000 |
