LA & Hollywood Tour Bus Business #1260
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Background
| BizEx ID: | BizEx1260-EM |
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| General Location: | Los Angeles, CA |
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| Category: |
Local Passenger Transportation
Entertainment
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| Years in Business: | 5 |
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| Under Present Owner: | 5 |
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| Hours of Operation: | 6:00am - 11:00pm |
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| Owner Hours: | Varies |
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| Training: | 4 weeks @ 30 hours |
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| Organization Type: | S-Corp |
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| Lease Expiration: | Month to Month |
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| Lease Options: | |
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| Building Size: | 850 |
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| Employees: | 8 |
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| Reason for Sale: | Other Opportunities |
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Financials
| Asking Price: | $750,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $1,500,000 |
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| Discretionary Cash Flow: | $300,000 |
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| FF&E: | |
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| Inventory Included? | Yes |
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| Inventory: | |
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| Min. Operating Capital: | TBD |
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| Real Estate Available? | No |
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| Rent: | $900 |
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| Payroll: | $12 |
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|
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 |
