San Francisco Sightseeing, Double-Deck Bus Tour Co

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Background

BizEx ID:BizEx1196-EM
General Location:San Francisco, CA
Category: Local Passenger Transportation
Entertainment
Years in Business:11
Under Present Owner:11
Hours of Operation:8:30 - 6:30
Owner Hours:Varies
Training:4 weeks @ 30 hours
Organization Type:LLC
Lease Expiration:12/2018
Lease Options:Buyer to Secure a New Lease
Building Size:8,200
Employees:32
Reason for Sale:Personal Reasons

Financials

Asking Price:$2,995,000
Down Payment:Negotiable
Gross Sales:$3,000,000
Discretionary Cash Flow:$1,000,000
FF&E:$1,000,000
Inventory Included?Yes
Inventory:$25,000
Min. Operating Capital:$100,000
Real Estate Available?No
Rent:$9,500
Payroll:$40,000

2017 2016 2015
Gross Sales $ 3,300,000 $ 3,100,000 $ 2,600,000
Gross Profit $ $ $
Disc. Earnings $ 1,000,000 $ 750,000 $ 500,000




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

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