Hidden Gem Independent Mail & Business Center
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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 |
