Almost Absentee Owner Business

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Background

BizEx ID:BizEx670-AK
General Location:Venice, CA
Category: Miscellaneous Retail
Other Personal Services
Years in Business:21
Under Present Owner:3
Hours of Operation:10am-8pm 7days
Owner Hours:mostly absentee
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:
Lease Options:
Building Size:1,200
Employees:3
Reason for Sale:Other Business Interests

Financials

Asking Price:$69,000
Down Payment:Negotiable
Gross Sales:$81,000
Discretionary Cash Flow:$21,706
FF&E:$20,000
Inventory Included?
Inventory:$10,000
Min. Operating Capital:$5,000
Real Estate Available?No
Rent:$4,000
Financing:Call




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