LA Charter Bus Co - Established & Profitable Business
Home / Listing / LA Charter Bus Co - Established & Profitable Business
This listing is: Off Market
Background
| BizEx ID: | BizEx1080-EM |
|---|---|
| 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 |
