This listing is: Off Market
Background
BizEx ID: | BizEx768-CK |
General Location: | Glendale, CA |
Category: |
Engineering
Special Trades
|
Years in Business: | 6 |
Under Present Owner: | 6 |
Hours of Operation: | 8-5 M-F |
Owner Hours: | 8-5 M-F |
Training: | 4 weeks @ 40 hours |
Organization Type: | |
Lease Expiration: | 5/30/2015 |
Lease Options: | |
Building Size: | $4,360 |
Employees: | 21 |
Reason for Sale: | Pursuing patent development |
Financials
Asking Price: | $12,500,000 |
Down Payment: | Negotiable |
Gross Sales: | $11,062,159 |
Discretionary Cash Flow: | $2,250,000 |
FF&E: | $148,766 |
Inventory Included? | |
Inventory: | $37,333 |
Min. Operating Capital: | $500,000 |
Real Estate Available? | No |
Rent: | $1,500 |
Payroll: | $53 |
---|
Financing: | Call |
|
2013 | 2014 | 2015* |
Gross Sales |
$ 2,607,271 | $ 11,062,159 | $ 4,722,959 |
Gross Profit |
$ 1,228,345 | $ 3,444,358 | $ 1,713,072 |
Disc. Earnings |
$ 182,824 | $ 2,250,000 | $ 929,933 |