IN ESCROW - Fine Art Shipping Company

Los Angeles County, CA

Seller Financing Available
IN ESCROW - Fine Art Shipping Company

Asking Price:$840,000

Cash Flow:$298,766

Gross Revenue:$1,488,501

EBITDA:N/A

FF&E:N/A

Inventory:$5,000

Rate/Sq. Ft.:$10,149.44

Established:1972

IN ESCROW - Fine Art Shipping Company

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Business Description

IN ESCROW - Highly Profitable fine art shipping business established over 40 years ago in prime Los Angeles area. This business specializes in the packing, crating and shipping of Fine Art and Antiques throughout the world. In addition, the business offers other services such as storage and installation.

This easy-to-run business has long term employees in place plus all necessary equipment including a Sprinter Van. Excellent storefront location with parking on a major street in an upscale area of Los Angeles. Excellent long-term lease in place including options. Many long-term customers that also provide new customer referrals. As per the seller, there is not much marketing or advertising in place. The company has excellent books and records and tax returns. SBA financing is available for a qualified buyer.

Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or contact Henry Weaks at henry@henryweaks.com or call 310-430-9626 to receive a confidentiality agreement and learn more about this opportunity to purchase this longstanding, profitable Fine Art Shipping company.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
3,400
Lease Expiration:
5/31/2019
Employees:
3
Facilities:
Centrally located to serve Greater Los Angeles, business is located on a major thoroughfare. Business is in a well-kept space with workshop, storage and storefront areas. Location has good security and parking.
Competition:
This business is in a niche space with few competitors offering the range of services that this company provides to its high-end clients.
Growth & Expansion:
There are numerous opportunities to grow the business that the seller will discuss.
Financing:
Seller will consider seller finance for a qualified buyer.
Support & Training:
Seller will provide training at no cost to qualified buyer.
Reason for Selling:
Sellers are preparing for retirement.

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Henry Weaks

Business Listed By:
Henry Weaks

Business Team, Business Sales and Acquisitions

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.


Sponsoring Broker:
MATT COLETTA, CBI, CBB

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