Meat & Produce Market

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Background

BizEx ID:BizEx627-AK
General Location:los Angeles, CA
Category: Other Food Stores
Supermarkets
Years in Business:24
Under Present Owner:19
Hours of Operation:mon-sat 8am-8pm sun 8-4 b
Owner Hours:mon-sat 8-8, sun 8-4
Training:4 weeks @ 20 hours
Organization Type:Sole proprietor
Lease Expiration:
Lease Options:
Building Size:1,650
Employees:3
Reason for Sale:Other Business Interests

Financials

Asking Price:$279,000
Down Payment:Negotiable
Gross Sales:$1,625,708
Discretionary Cash Flow:$112,000
FF&E:$100,000
Inventory Included?
Inventory:$15,000
Min. Operating Capital:$30,000
Real Estate Available?No
Rent:$5,000
Payroll:$2,800
Financing:Call

2019
Gross Sales $ 1,625,708
Gross Profit $ 254,509
Disc. Earnings $ 112,000




Arthur B. Kessler
Business Broker / M&A Advisor
4640 Admiralty Way, Suite 500
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