This is a well-managed and highly profitable Charter Bus Company. For the past 3 years, they’ve made more than half a million each year. Very clean books. They cater mainly to Asian tourists from China and Southeast Asia. They serve for Casino tours, Camp and youth groups, Sports teams, Schools and Universities etc. Business started from 1992 and built a very good reputation in the Asian community. They have a fully equipped mechanic shop on site and a full time mechanic keeps all of the buses in very good condition. The seller also owns 2 location lots for running the business and parking the buses. The fleet consists of 17 coaches and Mini Buses with total current market value of $1,834,336, in which the paid-off value is $1,032,537 up to the date of end of Feb 2016, and that is included in the Asking Price, and buyer is responsible to assume the loan balance upon closing which is around $800K by the end of Feb 2016. Owner will consider carry 10% for suitable buyer and the term of the seller financing is 12 months. The Business is SBA loan pre-approved for up to 80% of purchase for qualified buyer.
For more information, please contact with Listing ID LA3742.
Asking Price $1,580,000
You May Also Like
After School Learning Center #404475 posted Apr 7, 2016
- Thousand Oaks, California, United States
Profitable and established after school learning center for sale in Thousand Oaks area. Great opportunity for new owner who wants to run a part-time business with plenty of upside. Center offers private tutoring, enrichment classes like Science, Robotics, Game Programming and more. There is also a summer...
Park City's Preferred Transportation Company #406637 posted May 6, 2016
- Utah, United States
This Transportation Company provides professional roundtrip transportation regardless of the weather from Salt Lake City to Park City. They provide relaxing and enjoyable transportation in their comfortable and roomy Suburban and Mercedes Benz. This Executive Transportation Company serves as their personal...
Medical Non-Emergency Transport Company #452263 posted Aug 23, 2016
- Denver, Colorado, United States
This is truly a unique opportunity to purchase one of the premier non-emergency medical transportation businesses in the Denver metro area. Their twenty year history in this industry speaks volumes about their company. All of the systems and infrastructure is in place for a new owner to take the business...