Office Furniture Biz - New & Recycled

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Background

BizEx ID:BizEx351-SM
General Location:Los Angeles, CA
Category: Furniture
Other Miscellaneous Services
Years in Business:40
Under Present Owner:40
Hours of Operation:M-F
Owner Hours:
Training:4 weeks @ 10 hours
Organization Type:
Lease Expiration:
Lease Options:2 - 5 yr Options -
Building Size:3,600
Employees:4
Reason for Sale:Retiring

Financials

Asking Price:$160,000
Down Payment:Negotiable
Gross Sales:$280,551
Discretionary Cash Flow:$84,704
FF&E:$25,000
Inventory Included?
Inventory:$55,000
Min. Operating Capital:
Real Estate Available?No
Rent:
Financing:Call

2010** 2009 ***Relocated
Gross Sales $ 280,515 $ 240,101 $ n/a
Gross Profit $ 181,556 $ 120,411 $ n/a
Disc. Earnings $ 84,704 $ 53,843 $ n/a




Shelli Margolin
Business Broker
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 128
Direct: 310-882-2200 x128
Lic#: 00902695

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