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Los Angeles County

  • Listing No.: 130-00167

  • Category: Auto, Home Based, Service

Asking Price $199,000.00
Down Payment
Gross Revenue $189,226.00
Total Adjusted Net Income $121,954.53
Equipment / Fixtures
Year Established 2017
General Location Los Angeles County
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Young upstart company that took their time to build a business and a plan to create strong cash flows and scalability. This company provides a "turn-key" solution for ambitious people looking to build a career or supplement their income as a ride-share driver. Seller states that they have spent the time, money and suffered the frustration of figuring out how to identify good drivers, to build the business, implemented systems to keep the assets safe and built a support system to keep the cars running all while staying properly insured (benefiting the driver and the company). This business has been growing steadily since it started and 2019 projections show that even slow and steady growth will provide excellent profit and cash flows allowing the buyer to either re-invest to quickly grow the business OR use it as a source of income for other ventures. The best part is that the market for their product is constantly being supplied and marketed by multi-billion dollar companies such as Uber and Lyft - infusing stability and future growth into this business opportunity. Seller states that they invest less than 5 hours of their time on an average week - making it almost absentee run. If you are looking for a spectacular opportunity with a lot of upside potential then this is definitely worth a look. Give us a call to discuss.

Gross Revenue $189,226.00 Listed Price $199,000.00
Total Income $121,954.53 Down Payment
Base Rent Square Feet
Total Rent Lease Expiration
Rent Deposit Lease Options
Inventory $50,000.00 Leasehold Improvements
Equipment / Fixtures Other Assets Cars Alone
Full-Time Employees Training Period 2-4 weeks on call
Part-Time Employees Special License Required
Contract Staff Reason for Selling Moving out of Country and investing time and capital into other business interests

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.