Long Beach Limo & Car Service - $325K Opportunity

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This listing is: Off Market

Background

BizEx ID:BizEx362-AK
General Location:Long Beach, CA
Category: Local Passenger Transportation
Other Travel and Transportation
Years in Business:5
Under Present Owner:5
Hours of Operation:
Owner Hours:
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:
Lease Options:
Building Size:
Employees:6
Reason for Sale:Moving out of Country

Financials

Asking Price:$325,000
Down Payment:$325,000
Gross Sales:$280,000
Discretionary Cash Flow:$150,000
FF&E:$65,000
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:
Financing:Call

2009 2010 2011
Gross Sales $ 200,000 $ 280,000 $ 292,000
Gross Profit $ $ $
Disc. Earnings $ 130,000 $ 150,000 $ 161,600

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