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Finance And Services:

Business For Sale. Premier Hot Air Ballooning Tourist Attraction

LISTING DETAILS
Firms For Sale ID:
11874
Vendor reference:
727074
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$500,000  
Turnover / revenue:
$200,000
Net profit / cashflow:
$571,000

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
This is a truly unique and exciting business opportunity: The Palm Springs area92;s premier hot air ballooning attraction, in continuous operation since 1997. Through well-targeted and concerted advertising, marketing and public relations campaigns utilizing print and electronic media, hospitality concierges and resort DMC92;s, the husband 26; wife-owned business has doubled in volume annually through 2001. After 9/11 tourism suffered nationwide, and the Desert was no different. However, the 2003-2004 season has shown significant improvement as the company continues to provide private and corporate guests with a premium ballooning experience, including special events, shuttle service and catering. Net cash flow is based on just a 9-month work year, August through May21; Included in the sale are 4 vans, 4 trucks, 4 trailers and 4 hot air balloons as well as other miscellaneous equipment and spare parts. Four highly-seasoned, FAA-licensed pilots and a crew chief with over 20 years92; experience. Sellers will stay to train the new owner full-time for at least two (2) entire months. Also available for lease, lease/option or purchase is a 4,500 s.f. warehouse, valued at 24;600,000 asking 24;500,000 with Seller-assisted financing. The company92;s fabulous website and tourist links really say it all, and must be seen. DO NOT MISS THIS INCREDIBLY UNIQUE OPPORTUNITY EF;BF;BD; ACT NOW by contacting Brian Gunshor, Sunbelt Business Brokers of Southern Cal 40;310-539-8300.