LA Neighborhood Pet Grooming and Supply

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Background

BizEx ID:BizEx725-KF
General Location:Los Angeles, CA
Category: Pet Shops & Supplies
Pet Care & Grooming
Years in Business:17
Under Present Owner:3
Hours of Operation:7days Tues-Sat 8:30-7:30 , Sun-Mon 9:00-7:30
Owner Hours:Variable
Training:2 weeks @ 16 hours
Organization Type:
Lease Expiration:04/15/16
Lease Options:1@5years
Building Size:
Employees:7
Reason for Sale:Family issues out of country

Financials

Asking Price:$60,000
Down Payment:$60,000
Gross Sales:$520,000
Discretionary Cash Flow:$55,000
FF&E:$30,000
Inventory Included?
Inventory:$15,000
Min. Operating Capital:$15,000
Real Estate Available?No
Rent:$5,791
Financing:Seller




Kendric Foultz
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 102
Direct: (310) 968-2369
Lic#: 01376005

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