LA Charter Bus Co, Branded + Well Established. GREAT CASH FLOW!
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Background
| BizEx ID: | BizEx1080-EM |
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| General Location: | Los Angeles, CA |
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| Category: |
Local Passenger Transportation
Other Miscellaneous Services
|
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| Years in Business: | 11 |
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| Under Present Owner: | 11 |
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| Hours of Operation: | 8:00am -6:00pm |
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| Owner Hours: | same |
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| Training: | 4 weeks @ 20 hours |
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| Organization Type: | S-Corp |
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| Lease Expiration: | |
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| Lease Options: | New Lease to be secured by Buyer |
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| Building Size: | 1,500 |
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| Employees: | 18 |
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| Reason for Sale: | Retirement |
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Financials
| Asking Price: | $2,895,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $1,600,000 |
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| Discretionary Cash Flow: | $700,000 |
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| FF&E: | $1,850,000 |
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| Inventory Included? | Yes |
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| Inventory: | $40,000 |
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| Min. Operating Capital: | TBD |
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| Real Estate Available? | No |
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| Rent: | $5,000 |
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| Payroll: | $27 |
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| Financing: | Buyer |
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|
2017 | 2016 | 2015 |
| Gross Sales |
$ 1,600,000 | $ 1,572,000 | $ 1,650,000 |
| Gross Profit |
$ | $ | $ |
| Disc. Earnings |
$ 660,000 | $ 785,000 | $ 450,000 |
Eric Mellem
Business Broker/ M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 01220802
Don Mellem
Business Broker / M&A Advisor
4640 Admiralty Way, Suite 500
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 155
Direct: 310-882-2200 x155
Lic#: 01845922
