Bus Charter Service For Sale - Riverside County, California
Ad/Listing Information
|
|
| |
| Status: |
Off The Market |
 |
| Location: |
Riverside County |
 |
| County: |
Riverside |
 |
| City: |
None Given |
|
|
|
|
| Financial Information |
Detailed Information |
| |
| Price: |
$510,000 |
 |
| Down: |
Call/Email |
 |
| Revenue: |
$620,000 |
 |
| Adj. Net: |
$242,000 |
|
| Relocatable: |
No |
 |
| Home Based: |
No |
 |
| Real Estate Included: |
No |
 |
| Bkr To Bkr Coop: |
Yes |
|
| Franchise: |
No |
 |
| For Sale By Owner: |
No |
 |
| Asset Sale: |
No |
 |
| Lifestyle: |
No |
|
|

Description Of This Riverside County Bus Charter Service Business For Sale:
|
This charter bus service company is located in the enterprise zone of Riverside County near Palm Desert. Established 10 years ago, this company was growing at the rate of 15% until 2008. The revenues for 2009 were down slightly due to the soft economy. 2010 revenues are projected at 620,000 which is about 25% higher than 2009. They already have 153 trips booked for next 3 months worth about 180,000. Seller's books are very clean. Because of its location in the Enterprise zone, this business enjoys several tax benefits, such as, no sales tax on all equipment, including buses, and an employer hiring credit of 10,000 to 12,000 per year per employee for 5 years. Net Interest Deduction for Lenders: Zone business interest payments to lenders on commercial loans is not taxable income, but rather a tax deduction to the lender which gives Zone firms substantially greater bargaining power in obtaining both lower loan interest rates and more beneficial loan financing terms than non-zone businesses. This business provides bus service to various schools and churches in the area. The business comes with Two 54 seat luxury buses and one 24 seat bus appraised altogether at 375,000. Very well maintained. The business is for sale for 510,000. The buses will be fully paid off for the new buyer or buyer can take over the loans. Asking price for the Real Estate that includes approx. 3 acres of land with a 1,750 sq feet home on it and plenty of room to park the buses is 490,000. The current owner lives in that house and uses a portion of the house as his office. Financing available on both, the business and the R.E. for the qualified buyer
|

Bus Charter Service For Sale And Riverside County Region Related Links:
Riverside County Regional News & Tips For Buying And Selling Businesses
 |
Bob Klein Discusses - Valuing A Small Business - Searching For Market Value
There are a number of standard appraisal methods used to value a business that include, Asset approach, Income approach, Market approach (Comps), Capitalization of Earnings and Discounted Future Earnings. Each one of these methods individually does not always represent the true value of a business. In this article, Bob Klein, a Southern California business valuation professional shares his view on searching for market value. Bob can be reached at 949-254-4062 for business appraisal assistance. |
Riverside County Regional Upcoming Events
 |
FREE Live Workshop - How To Buy A Coin Laundry - San Diego - Saturday 2/18
Chuck Post, a coin laundry consultant and specialty broker offers this upcoming San Diego based seminar - FREE Workshop - How To Buy A Coin Laundry - San Diego - 2/18, Saturday - to potential business buyers of coin laundries. In his San Diego workshop you will learn what to look for and also what to look out for when you are searching and buying a coin laundry. Contact Chuck Post at (619) 227-5711 or Chris Mason at (949) 878-2755 for more info. |
Riverside County Regional Businesses Wanted To Buy
 |
Buyer Seeks To Buy A Optometry Practice In Either San Diego County Or Palm Springs Area
I am licensed optometrist highly skilled and experienced in all aspects of contact lenses and refractive surgery combined with strong business and therapeutic management skills. I have practiced for over 30 years. Self employed for 16 years. Looking to purchase a viable optometry practice in either the San Diego or Palm Springs area. To contact this buyer log into your BizBen Account. |
 |
Business Buyer Seeks Small Southern California Business To Purchase - Priced Around $100,000
I am looking for a small, easy to run business without a large amount of industry specific knowledge required. Small food carts, arcades, booking or talent agencies and other unique businesses are the ones I am most interested in. I am interested in the Southern California area, especially Los Angeles and the Counties closest to it. I am looking to spend under $100,000 unless a unique opportunity comes along. A net as low as $15,000 is fine. I currently live in Boston, MA and I am looking to move to California. I do not have any kind of pre-qualification yet. I am technically able and own an online business now. Please log into your BizBen Account for more details and contact information regarding this business buyer. |
 |
Buyer Seeks P&C Insurance Agency To Purchase Or Partner With In The Corona Area
Buyer seeks P&C insurance agency to either purchase or partner with an existing owner in the Corona Area (10 to 15 miles within the area of Corona). Buyer has strong industry experience - 20 years in the business, 9 years as an independent agent with a book of over 400 clients. Buyer has $50K for a down payment and is looking for a a P&C insurance agency priced below $250K. Buyer has a high credit score and has been SBA Loan Pre-Qualified for financing (buyer-side). Please log into your BizBen account to get buyers contact info and details.. |
 |
Buyer Seeks Gas Station Purchase In Inland Empire Area - Has $1M For Down Or Acquisition
Business buyer is looking to buy a gas station for sale with or without real estate immediately in the Inland Empire area. Has up to $1M for a down payment and is looking for a minimum of $150K provable adjusted net income. Has been self-employed a long time and is motivated to purchase a gas station. Has $500K equity in personal real estate to help secure acquisition and is SBA Loan pre-qualified for business purchase financing. If you have a gas station for sale that matches this criteria please log into your BizBen account for buyers contact info and details. |
More Riverside County Information For Buying & Selling Riverside County Businesses
|
Bus Charter Service Business Opportunity For Sale, Riverside County, California, CA | BizBen
Email This Info To An Associate Or Friend
Let BizBen expert advisors
provide the support you
need to successfully buy or
sell a California business.
Let us help you create a
custom strategy:
 |
Advertising & Selling A Business |
 |
Searching & Buying A Business |
 |
Business Network Solutions |
 |
Need Assistance? 888-212-4747 866-270-6278

|
 |
Questions? Check out our FAQs. |