Business For Sale

LA Charter Bus Co, Branded + Well Established

Los Angeles, CA
Los Angeles County


Asking Price: Annual Revenue:
$2,895,000 $1,600,000

Services: Taxi, Limo, & Passenger Transportation


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RE: LA Charter Bus Co, Branded + Well Established Broker: Eric Mellem
License #: 01484102

Quick Facts

Asking Price: $2,895,000
Annual Revenue: $1,600,000
Net Profit: Not Disclosed
Cash Flow: $700,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2006
Employees: 18
BBN Listing #: 735511895
Broker Reference #: BizEx1080-EM

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Business Overview:

BRANDED + WELL ESTABLISHED - CASH FLOW BUSINESS!

An excellent opportunity to acquire an established, very profitable (large cash receipts) Los Angeles based Charter Bus Transportation company. This company operates in southern and central California and has secured an excellent reputation for premium customer satisfaction due to their quality fleet of buses, shuttles and luxury vehicles which are kept to the highest safety standards.

Note: the company is close to finalizing a contract with a one of Europe’s largest transportation company to handle the California transportation customers and this is estimated to bring in an additional $1,000,000 in annual revenue.

They provide transportation options for every occasion: airport shuttles, group and individual casinos tours, buses to conventions, parties, arenas, schools or an event of your choice, from shuttles to buses to luxury tour vehicles. They also have a long-term relationship with Amtrak with an opportunity to greatly increase it's daily rides.

The current vehicle fleet is at 8 and has an estimated market value of $2,300,000. They are licensed by the Dept of Transportation and the fleet is very well maintained and serviced. This company carries a $10,000,000 insurance policy which allows it to secure high-end accounts.

For more information please contact Eric Mellem, Business Broker at BizEx, (310) 293-6414, emellem@bizex.net.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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