Neighborhood Flower and Gift Shop- room to grow

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Background

BizEx ID:BizEx239-SG
General Location:Burbank, CA
Category: Retail
Florist, Gifts
Years in Business:10.5
Under Present Owner:3.5
Hours of Operation:m-f 9-5, sat 10-4
Owner Hours:same
Training:TBD weeks @ hours
Organization Type:
Lease Expiration:7/2011
Lease Options:
Building Size:800
Employees:2
Reason for Sale:retiring

Financials

Asking Price:$75,000
Down Payment:Negotiable
Gross Sales:$125,000
Discretionary Cash Flow:$50,000
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$1,715
Payroll:$200
Financing:Call

YTD**Prorated 2009 2008
Gross Sales $ 221,469 $ 185,112 $ 204,223
Gross Profit $ 164,944 $ 135,565 $ 140,904
Disc. Earnings $ 87,351 $ 69,375 $ 47,597




Stuart Gross
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 118
Direct: (310) 924-5384
Lic#: 01860825

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