north shore activity tour (The Surf Bus)

Honolulu, HI

Seller Financing Available

The Surf Bus
Asking Price:$500,000
Gross Revenue:$1,200,000
Established Year:2008
Cash Flow:$300,000
Inventory:$400,000
BUSINESS DESCRIPTION

17 years running great reputation transportation/tour business , gross $750000-1.200000 Every year. our net 35-45% of that. good crew of longstanding employees and newer equipment (5 buses, 2 that are very new , 3 longstanding full time employees and mom and pop managing the back end. 50% of business for sale for $500000 as pop is moving on. things to keep in mind
new buses were paid for in full on
5/26/2021 $107490. Plus shipping of over 10k now 50000 miles.
03/27/23 $$137213 .plus shipping over 10k now only 10000 miles.

For a stretch of time in 2022 and 2023 us 2 owners were paying ourselves a combined salary of $10,000 a month

I can also share a file named “Register” of my personal business credit card charges so you can see there were "non essential" charges that were run with my business card that the new owner would not incur. to the tune of almost 100k a year.

Mahalo for your consideration


ATTACHED DOCUMENTS
P&L for 010120-083124 monthly.xlsx.xlsx Download

DETAILED INFORMATION
Location
Honolulu, HI
Inventory
Not Included in asking price
Real Estate
Leased
Employees
5
Facilities
5 , 25 passenger buses and 1 van are included in sale
Competition
we are the most prestigious but we have a couple copy cat competitors
Growth & Expansion
plenty growth potential , mom and pop owners busy , have done absolutely zero digital marketing or advertising to the public besides the basic website.
Support & Training
as much as needed
Reason for Selling
time to buy the 60 ft catamaran and sail off
Home-Based
This business is Home-Based

BUSINESS LOCATION
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justin remais
justin remais