Surf Shop For Sale - Santa Monica, California
Ad/Listing Information
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| Status: |
Off The Market |
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| Location: |
Westside |
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| County: |
Los Angeles |
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| City: |
Santa Monica |
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| Financial Information |
Detailed Information |
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| Price: |
$165,000 |
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| Down: |
$100,000 |
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| Revenue: |
$215,000 |
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| Adj. Net: |
$46,584 |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Real Estate Included: |
No |
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| Bkr To Bkr Coop: |
No |
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| Franchise: |
No |
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| For Sale By Owner: |
No |
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| Asset Sale: |
No |
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| Lifestyle: |
No |
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Description Of This Westside Surf Shop Business For Sale:
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This nineteen year old surf shop is in a great location near the 3rd Street Promenade in Santa Monica and makes decent money selling the California dream. This lifestyle business has a large local and visitor following. They sell new and used Surf Boards as well as Clothing, Sandals, Sunglasses and Watches. The assets of this business include 70,000 of inventory, a prime Santa Monica location, furniture, fixtures and equipment worth over 15,000 and an ecommerce website. Seller will finance a portion of the sale.
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Surf Shop For Sale And Westside Region Related Links:
Westside Regional News & Tips For Buying And Selling Businesses
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Business Acquisition Financing Request Needs Accurate Cash Flow Earnings Explanation
What are the actual "provable" adjusted net earnings (cash flow) of a company being purchased and considered for business acquisition financing? Buyers will need to look carefully at tax returns and financial statements to determine the "real" adjusted net income or cash flow of the business being purchased - banks and financial institutions review these numbers carefully (and in many instances discount items that may be considered addbacks). If you are thinking of financing a business purchase you need to read this BizBen blog posting. |
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I am looking to buy a bar, primarily with a 48 license, but would consider a beer bar with no food requirement. It must be located in Los Angeles County. I have $100K for a down payment, however I am interested in determining an appropriate down payment through negotiations, for either a larger or smaller amount. I require an owner's benefit of at least $55K a year, and the business must produce enough to cover any loan payments I've incurred from its purchase. The price ranges I've been searching are between $100k to $500k, but I am looking for a stable business, with steady cash flow and income. If the business is outside of my price criteria, I would be interested in negotiating a range of possible financing options. I am most interested in seller financing, but should this not be viable, I have other means of financing. I have not been pre-qualified for SBA financing, but will be inquiring. I am able to present a personal financial statement and background letter to interested sellers. My background is varied and this will be my first time buying a business. I am very motivated and hope to be running my new business with in six months. I currently reside in the South Bay of Los Angeles. For contact details for this buyer please log into your BizBen Account. |
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I am looking to buy a restaurant, retail, or service business in the San Fernando Valley (Los Angeles County) before the end of March 2011 . Business should have clean books and provable records. I have up to $300K (savings) for a down payment or purchase of a small business, if owner would carry a small amount that would also be great. Annual adjusted net income should be $80,000 or more. Rent must be reasonable. Call Khaled (buyer) at 310-714-7557 immediately. |
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More Los Angeles County Information For Buying & Selling Los Angeles County Businesses
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Surf Shop Business Opportunity For Sale, Santa Monica, California, CA | BizBen
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