Greater Los Angeles Dog Grooming

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Background

BizEx ID:BizEx753-KF
General Location:Playa del Rey, CA
Category: Pet Shops & Supplies
Pet Care & Grooming
Years in Business:6
Under Present Owner:3
Hours of Operation:Tues-Sat 10-5
Owner Hours:Tues-Sat 10-5
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:08/31/14
Lease Options:
Building Size:1,800
Employees:3
Reason for Sale:Retirement

Financials

Asking Price:$85,000
Down Payment:$69,000
Gross Sales:$150,000
Discretionary Cash Flow:$50,000
FF&E:$60,000
Inventory Included?
Inventory:$5,000
Min. Operating Capital:
Real Estate Available?No
Rent:$4,243
Payroll:$501
Financing:Call

2013
Gross Sales $ 150,000
Gross Profit $ 116,000
Disc. Earnings $ 35,000




Kendric Foultz
Business Broker / M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 102
Direct: (310) 968-2369
Lic#: 01376005

OFF MARKET

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