High Profit Home Improvement Business in South Bay
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Background
| BizEx ID: | BizEx979-KF |
|---|---|
| General Location: | South Bay, CA |
| Category: |
Miscellaneous Repair Special Trades |
| Years in Business: | 17 |
| Under Present Owner: | 17 |
| Hours of Operation: | 7:30am-6:00pm |
| Owner Hours: | 7:30am-4:30pm |
| Training: | 4-6 weeks @ As require by buyer with in reason hours |
| Organization Type: | S-Corp |
| Lease Expiration: | August 31, 2017 |
| Lease Options: | |
| Building Size: | 1,950 |
| Employees: | 13 |
| Reason for Sale: | Owner has moved out of the country |
Financials
| Asking Price: | $685,000 |
|---|---|
| Down Payment: | $137,000 |
| Gross Sales: | $1,500,000 |
| Discretionary Cash Flow: | $275,000 |
| FF&E: | $35,000 |
| Inventory Included? | Yes |
| Inventory: | $5,000 |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $2,009 |
| Payroll: | $47,000 |
| Financing: | SBA |
