Travel Agency - Downtown Area for Sale in Los Angeles

Reference #:	41190914
Location:	Los Angeles
Price:	$100,000
Amount Down:	$100,000
Revenues:	$1,292,943
Discretionary Earnings:	$32,800
Total Assets:	$1,000
Business Description:	This well established travel agency caters to walk-in clientele and is open 7/days/week. Airline tickets to Mexico and Central and South America are its forte. The agency has served the community for seven years. The agency enjoys a high percentage of cash sales (no credit card fees), and a many regular customers. Revenues for 2008 were just under $1.3M, up from 2007. Despite the weak economy, revenues for the first half of 2009 are well ahead of the same period in 2008. Cash flow for 2009 (based on results for the first six months) is projected to be $62,000. The agency is IATA, and ARC approved. The CRS system is Worldspan.
Contact Us About This Business For Sale The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.