Limo and Car Service

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Background

BizEx ID:BizEx362-AK
General Location:Long Beach, CA
Category: Local Passenger Transportation
Other Travel and Transportation
Years in Business:5
Under Present Owner:5
Hours of Operation:
Owner Hours:
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:
Lease Options:
Building Size:
Employees:6
Reason for Sale:Moving out of Country

Financials

Asking Price:$325,000
Down Payment:$325,000
Gross Sales:$280,000
Discretionary Cash Flow:$150,000
FF&E:$65,000
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:
Financing:Call

2009 2010 2011
Gross Sales $ 200,000 $ 280,000 $ 292,000
Gross Profit $ $ $
Disc. Earnings $ 130,000 $ 150,000 $ 161,600




Arthur B. Kessler
Business Broker / M&A Advisor
100 Wilshire Boulevard
Santa Monica, CA 90401
Office: (310) 882-2200 ext 126
Direct: (310) 650-7900
Lic#: 01227004




Mina Singson-Brightman
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (808) 797-3067 ext 125
Direct: (310) 734-6769
Lic#: 01866495

OFF MARKET

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations