Background
| BizEx ID: | BizEx1485-EM |
|---|---|
| General Location: | Santa Monica, CA |
| Category: |
Amusement & Recreation Entertainment |
| Years in Business: | 11 |
| Under Present Owner: | 6 |
| Hours of Operation: | 9:00am - 2:00pm |
| Owner Hours: | Varies |
| Training: | 4 weeks @ 30 hours |
| Organization Type: | LLC |
| Lease Expiration: | M2M |
| Lease Options: | |
| Building Size: | |
| Employees: | 8 |
| Reason for Sale: | Other Opportunities |
Financials
| Asking Price: | $400,000 |
|---|---|
| Down Payment: | $400,000 |
| Gross Sales: | $800,000 |
| Discretionary Cash Flow: | $100,000 |
| FF&E: | $50,000 |
| Inventory Included? | Yes |
| Inventory: | $1,000 |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $2,100 |
| Payroll: | $30,000 |
Description
Los Angeles Sightseeing Tour Company - Hollywood, Beverly Hills, Stars Homes, Malibu, Santa Monica and Venice Beaches....
This is one of Los Angeles's most popular tour businesses. They have one of the limited tour bus company permits.
- Custom Open-air Bus Tours and Private Tours also available.
- 11 years in business
- 6 Unique Vehicles
Reviews - "The tour was amazing", "Very well organized and very fun event", "Great tour, we went to all the hot spots".
This is a great opportunity with the 2028 LA Olympics and the 2026 World Cup Soccer events expected to bring in a huge volume of tourists to LA.
The seller is ready to move on to other opportunities and would like to pass along the company to someone who is looking for a fun business to operate.
Please register on the BizEx Business Brokers website as a buyer to get the company package.
Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.
