Price: $100,000
Location: Los Angeles County
Industry: Wholesale and Distribution
Listing ID: 01985160HP
Listing Status: Reduced Price
Listing ID - 01985160HP
Great Opportunity to buy an Established retail and wholesale business in the middle of downtown LA.
This is an opportunity to acquire a distributor that has an established relationship with the majority of independent convenience and grocery stores in the Southern California area.
Presently, this distributor represents leading suppliers of plain incense Sticks, a comprehensive selection of Fragrance Oils for burning & Body.
Variety of Candles and Oil Burners, Glass & plastics empty Bottles & Freshly made Incense and other items to sell to the retail customer as well as to wholesale to all kind of business owner.
This business has great potential to acquire who could leverage this loyal customer base to market a variety of other products that are popular in these outlets.
Seller is very motivated due to health condition.
Asking price is less than one time of yearly net profit.
Down Payment: $100,000
Total Sales: $1,080,000
Cash Flow: $120,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $19,000
FFE Included: Yes
Inventory: $200,000
Inventory Included: No
Year Established: 2006
Days & Hours of Operation: 6 Days (Mon - Sat: 9am to 5pm) / (Sun: Closed)
Non-Owner Payroll: N/A
Employees: 2
Lease Option: New Longer Lease Available To Qualified Buyer
Real Estate: N/A
Monthly Rent: $4,200
Type of Location: Shopping Center
Square Footage: 1400
Reason For Sale: Very Busy With Their Other Business
