Neighborhood Flower and Gift Shop- room to grow
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Background
| BizEx ID: | BizEx239-SG |
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| General Location: | Burbank, CA |
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| Category: |
Retail
Florist, Gifts
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| Years in Business: | 10.5 |
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| Under Present Owner: | 3.5 |
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| Hours of Operation: | m-f 9-5, sat 10-4 |
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| Owner Hours: | same |
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| Training: | TBD weeks @ hours |
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| Organization Type: | |
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| Lease Expiration: | 7/2011 |
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| Lease Options: | |
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| Building Size: | 800 |
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| Employees: | 2 |
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| Reason for Sale: | retiring |
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Financials
| Asking Price: | $75,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $125,000 |
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| Discretionary Cash Flow: | $50,000 |
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| FF&E: | |
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| Inventory Included? | |
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| Inventory: | |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $1,715 |
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| Payroll: | $200 |
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| Financing: | Call |
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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
4640 Admiralty Way, Suite 500
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 118
Direct: (310) 924-5384
Lic#: 01860825
OFF MARKET
