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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   California Businesses For Sale Categories   >>   

Charter Mini Bus Company For Sale

Location  California,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $2330000
Net Profit / Cash Flow  $420000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2004
Number of Employees  20 - 34
Inventory  15000
Relocatable  Not Disclosed
Number of Employees  20 - 34
Real Estate  Leased
Training  Seller will provide training
Reason for Sale  Other business interests
Description  This is a well-managed and highly profitable Charter Bus Company. They cater mainly to Asian tourists from China, Camp and youth groups, Churches, Sports teams, Schools and Universities etc. This for sale business has been growing at the rate of 20 to 25% every year in last 3 years. The fleet consists of 23 newer Mini Buses that seats 15 to 30 people. 14 of them are fully paid off. There is about $600,000 in equity off buses that is included in the sale. 2 more buses are being added in the month of February to meet the growing demand. Buses are parked on a 17,000 Sq. feet lot and has an onsite maintenance and washing facility. Has about $15,000 worth of brand new parts. The administrative office is about 1 mile away. This business comes with a great web site and state of the art GPS tracking system of their buses which tracks speed, route and location. There is a Chinese speaking General Manager in place who is willing to stay and run the business.
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