Torrance Recording Studio - Music & Audio/Video
Home / Listing / Torrance Recording Studio - Music & Audio/Video
This listing is: Off Market
Background
| BizEx ID: | BizEx431-DM |
|---|---|
| General Location: | Torrance, CA |
| Category: |
Other Miscellaneous Services Entertainment/Film Production Industries |
| Years in Business: | 23 |
| Under Present Owner: | 23 |
| Hours of Operation: | varies |
| Owner Hours: | varies |
| Training: | negotiable weeks @ negotiable hours |
| Organization Type: | |
| Lease Expiration: | 2012 w/options |
| Lease Options: | |
| Building Size: | 1,800 |
| Employees: | 40 |
| Reason for Sale: | Owner needs to focus on his Televsion show. |
Financials
| Asking Price: | $240,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $111,000 |
| Discretionary Cash Flow: | $65,000 |
| FF&E: | $100,000 |
| Inventory Included? | |
| Inventory: | |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $2,450 |
| Financing: | Call |
| 2011* | 2010 | 2009 | |
|---|---|---|---|
| Gross Sales | $ 92,050 | $ 110,962 | $ 107,767 |
| Gross Profit | $ | $ | $ |
| Disc. Earnings | $ 58,066 | $ 65,688 | $ 62,455 |
