Upholstery and Drapery Business

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Background

BizEx ID:BizEx991-DC
General Location:South Bay, CA
Category: Other Personal Services
Furniture & Fixtures
Years in Business:56
Under Present Owner:56
Hours of Operation:8-5pm M-F / 10:30am - 5pm SAT
Owner Hours:10-5pm M-SAT
Training:None
Organization Type:Sole proprietor
Lease Expiration:Month to Month
Lease Options:NA
Building Size:2000
Employees:6
Reason for Sale:Retirement

Financials

Asking Price:$125,000
Down Payment:Negotiable
Gross Sales:$413,000
Discretionary Cash Flow:$83,232
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$5,733
Payroll:$13,175
Financing:Call

2015 2014 2013
Gross Sales $ 412,166 $ 401,694 $ 381,947
Gross Profit $ 173,523 $ 172,197 $ 178,210
Disc. Earnings $ 83,232 $ 77,811 $ 84,475




David Chavez
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina del Rey, CA 90292
Office: (310) 882-2200 ext 133
Direct: (310) 503-6847
Lic#: 01918858

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