Los Angeles Florist & Events - Burbank's Premier
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Sold
Background
| BizEx ID: | BizEx900-KF |
|---|---|
| General Location: | Burbank, CA |
| Category: |
Other Personal Services Florist, Gifts |
| Years in Business: | 15 |
| Under Present Owner: | 15 |
| Hours of Operation: | Tues-Sat 9am-6pm |
| Owner Hours: | 9am-6pm |
| Training: | 2 weeks @ 20 hours |
| Organization Type: | |
| Lease Expiration: | 04/30/2016 |
| Lease Options: | 2@3years each |
| Building Size: | 1,600 |
| Employees: | 0 |
| Reason for Sale: | spend more time with family/ exploring other opportunities |
Financials
| Asking Price: | $139,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $265,798 |
| Discretionary Cash Flow: | $136,247 |
| FF&E: | $25,350 |
| Inventory Included? | |
| Inventory: | $13,000 |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $2,250 |
| Financing: | Seller |
| 2015 | 2014 | 2013 | |
|---|---|---|---|
| Gross Sales | $ 265,798 | $ 306,646 | $ 232,229 |
| Gross Profit | $ 133,607 | $ 143,026 | $ 115,126 |
| Disc. Earnings | $ 136,247 | $ 142,292 | $ 94,092 |
