Nevada Based Tahoe Star Tours - The Inventor of the Cosmoarium! SC2191
| Asking Price: | $125,000 |
| Gross Revenue: | $80,000 |
| FF&E: | $20,000 |
| Cash Flow: | $35,000 |
| EBITDA: | $35,000 |
| Established Year: | 2008 |
Nevada Based Tahoe Star Tours - The Inventor of the Cosmoarium! SC2191
Financial Information
Asking Price: $125,000
Cash Flow: $35,000
Gross Revenue: $80,000
Downpayment: $75,000
Financing: Yes
Tahoe Star Tours is a Nevada Sole Proprietorship that has been in operation for the last 12 years. They offer seasonal star gazing on Thursdays and Saturdays from June to September at both Cosmoarium locations: NorthStar California Ski Resort and Spooner Lake State Park. They also offer special events, such as the Perseid Meteor watching coming up in August. Thousands of visitors to the Lake Tahoe region have become connected with the cosmos at Tahoe Star Tours. Tahoe Star Tours mission is to open imaginations, fill minds with science of the cosmos, and thrill visual senses with cosmic views through amazing Celestron telescopes. Tahoe Star Tours is sponsored by Celestron telescopes and has been a proud member of Team Celestron since 2014. They also present at several high-end hotels in the region (Hyatt Regency Lake Tahoe, The Ritz Carlton Lake Tahoe, Edgewood Tahoe Resort) and offer private corporate events. They have been featured in Conde Nast Traveler, NY Times and Saturday Evening Post.
Business Location
City: Reno
State: Nevada
Financing Comments
Seller financing is available for up to 40% of the purchase price at 7% interest over 5 years. The amount financed will depend on the offered price and the quality of the Buyer.
Reason for Sale
The reason for selling is that the Sellers are looking to retire.
Detailed information
Year Established: 2008
Home Based: Yes
Franchise: No
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 1
Part-Time Employees: N/A
Contractors: N/A
Owner Worked Hours/w: 30
Adjusted EBITDA: $35,000
Inventory Included: No
Inventory Value: N/A
Monthly Rent: N/A
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
FF&E Included?: Yes
FF&E Value: $20,000
Training/Support
The Seller is willing to provide training for 2 weeks at 30 hours per week. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller.
Market Outlook/Competition
Growth in financial investments in astronomical research, along with increasing national consumption capacity and policies promoting astronomical education, are key factors fueling the market for telescopes. The various organizations is driving the market size surpass $291.87 Billion valued in 2023 to reach a valuation of around $657.28 Billion by 2031. The rising demand for cost-effective and efficient astronomical telescope is enabling the market grow at a CAGR of 10.68% from 2024 to 2031.
CA 02100708
NV 1003039
