PT/Weekend Wedding/Party Rental, South Bay
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Background
| BizEx ID: | BizEx762-CK |
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| General Location: | Hawthorne, CA |
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| Category: |
Other Miscellaneous Services
Entertainment
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| Years in Business: | 2 |
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| Under Present Owner: | 2 |
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| Hours of Operation: | By appointment |
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| Owner Hours: | 2 hours per gig |
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| Training: | 2 weeks @ 10 hours |
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| Organization Type: | |
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| Lease Expiration: | N/A |
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| Lease Options: | |
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| Building Size: | 1,000 |
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| Employees: | 3 |
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| Reason for Sale: | Work schedule conflicts |
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Financials
| Asking Price: | $58,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $63,405 |
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| Discretionary Cash Flow: | $21,716 |
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| FF&E: | |
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| Inventory Included? | |
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| Inventory: | $41,000 |
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| Min. Operating Capital: | |
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| Real Estate Available? | No |
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| Rent: | $900 |
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| Payroll: | $746 |
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| Financing: | Seller |
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|
2011 | 2012 | 2013 |
| Gross Sales |
$ 956 | $ 40,875 | $ 63,405 |
| Gross Profit |
$ 956 | $ 40,875 | $ 63,405 |
| Disc. Earnings |
$ -3,444 | $ 10,434 | $ 21,716 |
Cody King
M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 134
Direct: (805) 616-9488
Lic#: 01942507
OFF MARKET
