Calabasas- Gift & Table Top Retail

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This listing is: Off Market

Background

BizEx ID:BizEx389-TP
General Location:Calabasas, CA
Category: Miscellaneous Retail
Florist, Gifts
Years in Business:15
Under Present Owner:15
Hours of Operation:10-7, M-F - 10-5 Sat
Owner Hours:10-7, M-F - 10-5 Sat
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:12.31.12
Lease Options:5 Year Renewal Option
Building Size:830
Employees:2
Reason for Sale:Focus on New Enterprise

Financials

Asking Price:$75,000
Down Payment:Negotiable
Gross Sales:$207,000
Discretionary Cash Flow:$109,305
FF&E:$50,000
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$3,900
Financing:Seller

2009 2010 2011**
Gross Sales $ 163,285 $ 162,221 $ 207,000
Gross Profit $ 100,370 $ 92,324 $ 112,995
Disc. Earnings $ TBA $ 100,244 $ 109,305

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