$100,000

Los Angeles County
DESCRIPTION

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.

LISTING DETAILS

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

OPERATION

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

LOCATION

Real Estate: N/A

Monthly Rent: $4,200

Type of Location: Shopping Center

Square Footage: 1400

SUMMARY

Reason For Sale:

Very Busy With Their Other Business

Agent Details

HEMENDRA PATEL

  • (562) 230-1193

NDA Form

Please fill up required information in NDA form & sign it and send it to email: harrypatelvrbb@gmail.com

NDA Form Download