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603 California Boulevard

Napa, CA 94559
  • $12,000,000
  • STATUS: Active
  • ON SITE: 37 Days
  • ID#: 322104387
UPDATED: 39 min ago
$12,000,000
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,576
    SQFT
  • $1,825
    $/SQFT
Neighborhood:
Type:
Business Opportunity
County:
Area:

School Ratings & Info

Description

Balloons Above the Valley ('BATV'), Napa's iconic hot-air balloon ride company, is offered as a turn-key business with excellent growth potential for $12,000,000. BATV is a thriving wine country tourism business, with a stellar reputation and dominant market share. BATV possesses all of the components needed to operate at higher capacity and increased profit - including facilities, equipment, and governmental authorization - merely by hiring additional staff to meet the growing demand. This business opportunity includes 603 California Blvd, containing office, balloon maintenance facilities, and support services, and also includes 5350 Washington and 5360 Washington Street that offer a fully vested, hot-air balloon launch site, along with the hot-air balloons, and other equipment necessary to operate the hot-air balloon business. The North Bay offers idyllic weather to allow hot-air balloon flights approximately 310 days. Current guest rates are $299 per person, and calendar year 2022 is on track to exceed $2 million in annual revenue. This turn-key business will generate profit and net revenue from the first day and investment into additional staffing will expand operations and generate increased net income. More into at https://balloonrides.com/napa-investment-opportunity

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© 2023 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Lisa Alapa | Coldwell Banker Realty. Data last updated: 2023-01-26T15:56:55.707.
www.lisaalapa.com/homes/135507206
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603 California Boulevard Napa, CA 94559

  • Price: $12,000,000
  • Status: Active
  • On Site: 37 Days
  • Updated: 39 min ago
  • ID#: 322104387
0
Beds
0
Baths
0
½ Baths
0.33
Acres
6,576
SQFT
$1,825
$/SQFT
Neighborhood:
Napa
County:
Napa
Area:
Napa
Property Description
Balloons Above the Valley ('BATV'), Napa's iconic hot-air balloon ride company, is offered as a turn-key business with excellent growth potential for $12,000,000. BATV is a thriving wine country tourism business, with a stellar reputation and dominant market share. BATV possesses all of the components needed to operate at higher capacity and increased profit - including facilities, equipment, and governmental authorization - merely by hiring additional staff to meet the growing demand. This business opportunity includes 603 California Blvd, containing office, balloon maintenance facilities, and support services, and also includes 5350 Washington and 5360 Washington Street that offer a fully vested, hot-air balloon launch site, along with the hot-air balloons, and other equipment necessary to operate the hot-air balloon business. The North Bay offers idyllic weather to allow hot-air balloon flights approximately 310 days. Current guest rates are $299 per person, and calendar year 2022 is on track to exceed $2 million in annual revenue. This turn-key business will generate profit and net revenue from the first day and investment into additional staffing will expand operations and generate increased net income. More into at https://balloonrides.com/napa-investment-opportunity
Exterior Features

Parking Total 0 Road Frontage Type City Street

Interior Features

Flooring CarpetConcrete Slab

Property Features

Annual Accounting Expense 0 Annual Advertising Expense 0 Annual Cost Goods Sold 0 Annual Salaries 0 Annual Telephone Expense 0 Annual Utility Expense 0 Auction No Availability Date 1800-01-01T00:00:00 Business Name Balloons Above The Valley Business Type OtherSee Remarks Employees 11+See Remarks Estimated Inventory Amount 0 Estimated License Value 0 Gross Income 2000000 Hours Days Of Operation See Remarks Insurance Expense 0 Lease Deposit Amount 0 Lease Renewal Option YN No Lease Type Net Licenses Expense 0 Net Operating Income 0 Operating Expense 0 Other Expense 0 Property Sub Type Business Opportunity Property Type Businessopportunity Rent Per Month 0 Seating Capacity 0 Special Licenses Other Supplies Expense 0

Listing information © 2023 Bay Area Real Estate Information Services. Listing courtesy of Michael Holcomb of Strong & Hayden: 707-226-2661.


© 2023 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Lisa Alapa | Coldwell Banker Realty. Data last updated: 2023-01-26T15:56:55.707.
 
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Lisa Alapa | Coldwell Banker Realty
600 Bicentennial Way, Ste 100
Santa Rosa CA, 95403