Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Sold. Travel Agency
LISTING DETAILS
Firms For Sale ID:
24826
Vendor reference:
GP092
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£125,000
Turnover / revenue:
£1,350,000
Net profit / cashflow:
Undisclosed
Years established:
30
Number of employees:
5
OTHER DETAILS
Reason for selling:
The managing director has a developed a property portfolio which they would like to develop further over the next few years.
Support and training:
A full and seamless handover will be available for a period to be agreed as part of the overall negotiations
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The premises are leasehold at an annual premium of £12,400. The double fronted shop occupies a high profile corner site on one of the key trunk roads into the city centre.
BUSINESS DESCRIPTION
Travel Agency
Ref.GP092
Location South Wales
Asking Price £ 125,000
This company was established in 1981 and bought by its present owner in 1993. It specialises in providing bespoke holidays to a wealthy client base that has been built up over many years of successful trading. In particular it has captalised on the growing demand for cruise holidays and generates strong repeat business in this sector. It also has established a number of corporate accounts satsifying the diverse and complex travel needs of a growing number of locally based businessmen.
Expansion Potential
Because of the location of this business there is a real opportunity to attack the corporate travel sector in a more defined and structured manner. In addition the demand for cruise holidays is one of the largest growth sectors in the travel industry and as the company already has a wealth of experience in this area it is ideally positioned to make further inroads in this profitable arena.
The company owns some excellent domain names presenting a good opportunity for expansion of sales via the web.