This listing is: Off Market
Background
| BizEx ID: | BizEx632-TP |
|---|
| General Location: | Los Angeles, CA |
|---|
| Category: |
Retail
Pet Shops & Supplies
|
|---|
| Years in Business: | 3 |
|---|
| Under Present Owner: | 3 |
|---|
| Hours of Operation: | M-Sat 8-5 |
|---|
| Owner Hours: | Very Limited |
|---|
| Training: | 2 weeks @ 10-15 hours |
|---|
| Organization Type: | |
|---|
| Lease Expiration: | 2019 |
|---|
| Lease Options: | |
|---|
| Building Size: | 975 |
|---|
| Employees: | 5 |
|---|
| Reason for Sale: | Focus on same business closer to home. |
|---|
Financials
| Asking Price: | $265,000 |
|---|
| Down Payment: | Negotiable |
|---|
| Gross Sales: | $318,117 |
|---|
| Discretionary Cash Flow: | $113,143 |
|---|
| FF&E: | $110,000 |
|---|
| Inventory Included? | |
|---|
| Inventory: | $20,000 |
|---|
| Min. Operating Capital: | |
|---|
| Real Estate Available? | No |
|---|
| Rent: | $6,229 |
|---|
| Payroll: | $10 |
|---|
| Financing: | None |
|---|
|
2010 | 2011 | 2012 |
| Gross Sales |
$ 144,283 | $ 257 | $ 318,112 |
| Gross Profit |
$ 118,786 | $ 207,485 | $ 257,143 |
| Disc. Earnings |
$ -25,214 | $ 63,485 | $ 113,143 |
