Hidden Gem Independent Mail & Business Center

Home / Listing / Hidden Gem Independent Mail & Business Center

Sold

Background

BizEx ID:BizEx231-AK
General Location:Los Angeles, CA
Category: Business Services
Postal Centers
Years in Business:40
Under Present Owner:5 1/2
Hours of Operation:m-f 9-6, sat 10-3
Owner Hours:m-f 9-6 sat 10-3
Training:4 weeks @ 20 hours
Organization Type:
Lease Expiration:10/31/2019
Lease Options:2 @ 5 years
Building Size:1,075
Employees:1
Reason for Sale:Other Business Interests

Financials

Asking Price:$248,000
Down Payment:$20,000
Gross Sales:$257,324
Discretionary Cash Flow:$110,000
FF&E:$9,000
Inventory Included?
Inventory:$2,000
Min. Operating Capital:$12,000
Real Estate Available?No
Rent:$2,300
Financing:Call

2013 2012 2011
Gross Sales $ 178,482 $ 185,880 $ 163,820
Gross Profit $ 118,242 $ 128,084 $ 110,589
Disc. Earnings $ 81,570 $ 85,171 $ 80,032




Arthur B. Kessler
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rel, CA 90292
Office: (310) 882-2200 ext 126
Direct: (310) 650-7900
Lic#: 01227004

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