Sightseeing Tour Bus Company - LA and Hollywood

Home / Listing / Sightseeing Tour Bus Company - LA and Hollywood

Background

BizEx ID:BizEx1260-EM
General Location:Los Angeles, CA
Category: Local Passenger Transportation
Entertainment
Years in Business:5
Under Present Owner:5
Hours of Operation:6:00am - 11:00pm
Owner Hours:Varies
Training:4 weeks @ 30 hours
Organization Type:S-Corp
Lease Expiration:Month to Month
Lease Options:
Building Size:850
Employees:8
Reason for Sale:Other Opportunities

Financials

Asking Price:$750,000
Down Payment:Negotiable
Gross Sales:$1,500,000
Discretionary Cash Flow:$300,000
FF&E:
Inventory Included?Yes
Inventory:
Min. Operating Capital:TBD
Real Estate Available?No
Rent:$900
Payroll:$12

2019 Jan - June 2018 2017
Gross Sales $ 477,000 $ 1,300,000 $ 1,177,000
Gross Profit $ 257,000 $ 500,000 $ 505,000
Disc. Earnings $ 170,000 - 6 Mos $ 250,000 $ 250,000




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