Charter Party Bus Company
www.GlobalBX.com
Listing ID:
700173380
Listing Title:
Charter Party Bus Company
Quick Link:
http://www.globalbx.com/listing.asp?bId=173380
Industry:
Business Services
Industry Segment:
Transportation – Airplane, Taxi, and Limousine
Country:
United States
State / Province:
California
Area
Southern California - Los Angeles Area
City:
Los Angeles
Asking Price Range:
$500K - $1.0M
Gross Revenues:
$536,000
Cash Flow:
$210,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2009
Number of Employees:
4 - 5
Business Description:
One of the largest Los Angeles Charter Party Bus Companies--Best Valued in the Region! Management reports Owners Annual Discretionary Earnings as $210,000 and revenue of $535,000. Company is positioned to be a significant charter Bus company provider in the region and poised for rapid growth and profits.
About 45% of business is repeat customers. Management feels the key to growth and profits is aggressive sales and marketing and a commitment to invest in the fleet. Management estimates the market value of vehicles is $450,000.00--included in sale price. Customer base is very diverse and stable.
Service area footprint is mostly within Hollywood, Las Vegas and adjacent cities while being a true VIP ride! Business customers are made up of universities, public and private schools, churches, athletic teams, corporations, military, senior groups, tour companies and others.
The company has grown primarily from repeat business and by referrals from existing customers. The website continues to be more important for new customers. Company has a fully trained sales professional with great connections within enterprises, Hollywood clubs and Las Vegas Casinos.
Company has very little competition. Management feels advantages over competitors are as follows: great drivers (many groups request specific drivers), good DOT/DOD ratings, excellent loss ratio, good safety records, good equipment, loyal staff, loyal customer base, and well managed. Company can provide a fine income and growing revenues and income to the new owner.
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