Leading LA Solar Design/Installation Company
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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 |
