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