Whlsle/Retail:Home & Hotel Products (multi-state)

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This listing is: Off Market

Background

BizEx ID:BizEx946-MS
General Location:Los Angeles, CA
Category: Durable Goods
Home Furniture & Furnishings
Years in Business:20 HI/7 CA
Under Present Owner:20 HI/7 CA
Hours of Operation:M-Sat 9 - 4
Owner Hours:varies
Training:4 weeks @ 20 hours
Organization Type:
Lease Expiration:
Lease Options:
Building Size:12900
Employees:12
Reason for Sale:Retirement

Financials

Asking Price:$3,750,000
Down Payment:Negotiable
Gross Sales:$7,370,000
Discretionary Cash Flow:$1,023,000
FF&E:$218,000
Inventory Included?
Inventory:$700,000
Min. Operating Capital:
Real Estate Available?No
Rent:$17,561
Payroll:$61
Financing:Call

2013 2014 2015
Gross Sales $ 5,578,000 $ 6,051,000 $ 7,390,000
Gross Profit $ 1,778,467 $ 1,980,000 $ 2,287,000
Disc. Earnings $ 559,300 $ 824,000 $ 1,023,000

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