Meat & Produce Market
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Background
| BizEx ID: | BizEx627-AK |
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| General Location: | los Angeles, CA |
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| Category: |
Other Food Stores
Supermarkets
|
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| Years in Business: | 24 |
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| Under Present Owner: | 19 |
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| Hours of Operation: | mon-sat 8am-8pm sun 8-4 b |
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| Owner Hours: | mon-sat 8-8, sun 8-4 |
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| Training: | 4 weeks @ 20 hours |
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| Organization Type: | Sole proprietor |
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| Lease Expiration: | |
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| Lease Options: | |
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| Building Size: | 1,650 |
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| Employees: | 3 |
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| Reason for Sale: | Other Business Interests |
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Financials
| Asking Price: | $279,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $1,625,708 |
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| Discretionary Cash Flow: | $112,000 |
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| FF&E: | $100,000 |
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| Inventory Included? | |
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| Inventory: | $15,000 |
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| Min. Operating Capital: | $30,000 |
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| Real Estate Available? | No |
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| Rent: | $5,000 |
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| Payroll: | $2,800 |
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| Financing: | Call |
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|
2019 |
| Gross Sales |
$ 1,625,708 |
| Gross Profit |
$ 254,509 |
| Disc. Earnings |
$ 112,000 |
Arthur B. Kessler
Business Broker / M&A Advisor
100 Wilshire Boulevard
Santa Monica, CA 90401
Office: (310) 882-2200 ext 126
Direct: (310) 650-7900
Lic#: 01227004
OFF MARKET
