Liquor, Fine Wines and More

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Background

BizEx ID:BizEx598-AK
General Location:los Angeles, CA
Category: Liquor Stores
Other Food Stores
Years in Business:58
Under Present Owner:6
Hours of Operation:9am-11pm 7 days
Owner Hours:varies
Training:2 weeks @ 20 hours
Organization Type:sole proprietor
Lease Expiration:5/31/2015
Lease Options:1 five year
Building Size:1,200
Employees:2
Reason for Sale:moving out of LA

Financials

Asking Price:$499,000
Down Payment:Negotiable
Gross Sales:$918,604
Discretionary Cash Flow:$233,738
FF&E:$65,000
Inventory Included?
Inventory:$130,000
Min. Operating Capital:$14,000
Real Estate Available?No
Rent:$6,198
Payroll:$2
Financing:Call

2012 2013
Gross Sales $ 663,071 $ 780,071
Gross Profit $ 302,075 $ 327,075
Disc. Earnings $ 190,162 $ 208,792




Arthur B. Kessler
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rel, CA 90292
Office: (310) 882-2200 ext 126
Direct: (310) 650-7900
Lic#: 01227004

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