Business for Sale

LA Charter Bus Co, Branded + Well Established. GREAT CASH FLOW!

BizEx1080-EM

Background

General Location:Los Angeles, CA
Category: Local Passenger Transportation
Other Miscellaneous Services
Years in Business:11
Under Present Owner:11
Hours of Operation:8:00am -6:00pm
Owner Hours:same
Training:4 weeks @ 20 hours
Organization Type:S-Corp
Lease Expiration:
Lease Options:New Lease to be secured by Buyer
Building Size:1,500
Employees:18
Reason for Sale:Retirement

Financials

Asking Price:$2,895,000
Down Payment:Negotiable
Gross Sales:$1,600,000
Discretionary Cash Flow:$700,000
FF&E:$1,850,000
Inventory Included?Yes
Inventory:$40,000
Min. Operating Capital:TBD
Real Estate Available?No
Rent:$5,000
Payroll:$27
Financing:Buyer

2017 2016 2015
Gross Sales $ 1,600,000 $ 1,572,000 $ 1,650,000
Gross Profit $ $ $
Disc. Earnings $ 660,000 $ 785,000 $ 450,000

Return to Listings





Eric Mellem
Business Broker/ M&A Advisor
4551 Glencoe Ave. #210
Marina del Rey, CA 90292
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 01220802




Don Mellem
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 155
Direct: 310-882-2200 x155
Lic#: 01845922