businesses for sale

Profitable LA Charter Bus Company for sale

very meticulously managed

Location: Los Angeles County, California

Category: Transportation Businesses for sale

Asking price: $799,000.00

Description of the business for sale
This is a well managed and highly profitable LA Charter Bus Company. They cater mainly to Asian tourists from China, Camp and youth groups, Churches, Sports teams, Schools and Universities, Govt. and Military organization etc.. The fleet consists of 15 newer Mini Buses. 10 of them are fully paid off. There is about $300,000 in equity off buses that is included in the sale. Buses are parked on a 17,000 Sq. feet lot and has an on site 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. Seller is also willing to stay on for a smooth transition. Buyer can be Semi absentee owner.

Support / Training provided by seller
seller will provide training for 4 weeks at 20 hours per week.

Description of the facilities
650 sq ft on 17,000 sq ft lot, meticulously kept up yard

  • By phone: Confidential
  • Ask for: Ved Sajnani

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Business details

Business Team
Torrance, CA
Broker Co-op? yes

Listing Id: 94581
Reference Id: 3177
Year established: 2005
Employees: 20

Asking Price: $799,000.00
Revenue: $1,553,000.00
Annual Net: $316,000.00
Down Payment: $399,000.00

Business Type:
Non Relocatable Business

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