This listing is: Off Market
Background
| BizEx ID: | BizEx258-CK |
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| General Location: | Los Angeles, CA |
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| Category: |
Miscellaneous Retail
Consumer Services (B2C)
|
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| Years in Business: | 51 |
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| Under Present Owner: | 25 |
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| Hours of Operation: | Mon -Sat- 9am -5pm |
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| Owner Hours: | 9am-5pm |
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| Training: | None |
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| Organization Type: | |
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| Lease Expiration: | N/A |
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| Lease Options: | No lease expiration or option |
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| Building Size: | 2,200 |
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| Employees: | 2 |
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| Reason for Sale: | Retirement |
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Financials
| Asking Price: | $1,400,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $1,436,377 |
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| Discretionary Cash Flow: | $262,066 |
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| FF&E: | $17,000 |
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| Inventory Included? | |
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| Inventory: | $185,000 |
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| Min. Operating Capital: | $185,000 |
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| Real Estate Available? | No |
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| Rent: | $3,440 |
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| Payroll: | $2 |
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| Financing: | Call |
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|
2007 | 2008 | 2009 |
| Gross Sales |
$ 2,164,581 | $ 2,062,934 | $ 1,436,377 |
| Gross Profit |
$ 743,812 | $ 697,220 | $ 461,077 |
| Disc. Earnings |
$ 477,966 | $ 451,476 | $ 262,066 |
