Business & Office Supply Store

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Background

BizEx ID:BizEx360-RD
General Location:Studio City, CA
Category: Miscellaneous Retail
Business Services
Years in Business:36
Under Present Owner:36
Hours of Operation:M-F 9-6, Sat 10-5
Owner Hours:
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:
Lease Options:
Building Size:2,796
Employees:7
Reason for Sale:Retiring

Financials

Asking Price:$695,000
Down Payment:Negotiable
Gross Sales:$1,184,354
Discretionary Cash Flow:$217,613
FF&E:$18,848
Inventory Included?
Inventory:$250,000
Min. Operating Capital:
Real Estate Available?No
Rent:$8,211
Payroll:$14
Financing:Call

Sept. 2010 - May 2011 2009-2010 2008-2009
Gross Sales $ 851,775 $ 1,184,354 $ 1,339,704
Gross Profit $ $ 508,964 $ 583,755
Disc. Earnings $ $ 217,613 $ 267,957




Robert Dean
Business Broker
4551 Glencoe Ave., suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 122
Direct: (310) 793-6757
Lic#: 01720308

OFF MARKET

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