Total of 18656 firms and businesses for sale today Sunday 28th April 2024
Sold. Well Established Independent Travel Agent
LISTING DETAILS
Firms For Sale ID:
24778
Vendor reference:
GP064
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£230,000
Turnover / revenue:
£3,000,000
Net profit / cashflow:
Undisclosed
Years established:
70
Trading hours:
Monday to Friday 09.00- 17.30
Saturday 09.00-17.00
Number of employees:
12
OTHER DETAILS
Reason for selling:
Personal reasons
Support and training:
The current owners will assist in the training and handover of the business
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
There are two sites from where the business operates. The larger of the two comprises a prime retail site in the town centre with 1200 square feet ground floor retail space with an additional 1200 square feet of office space on the first floor. Annual rent is £25,000 plus rates(approx £10,000 p.a.).
The second site is located on a prominent parade of shops in a village location with adequate parking and good access. The ground floor comprises approx 400 square feet retail space and there is a first floor flat above that provides a rental income. Annual rent is £10,000 and rates are £2000 p.a.
BUSINESS DESCRIPTION
Well Established Independent Travel Agent with over 70 years trading experience
Ref.GP064
Location North Wales & Merseyside
Asking Price £ 230,000
This very well established independent travel agent has recently celebrated its 70th year in travel and sells everything from a railway ticket to a luxury cruise. It goes without saying that during this time the organisation has developed its level of expertise to such an extent that it can provide the right travel solutions to meet all types of clientele, be it tailor made holidays, cruises, package deals, weekend breaks, business travel or scheduled air travel.
The company ethos has always been to provide its customers with a highly personalised service combined with the very best deals achievable in the travel marketplace. The company achieves this by combining their expert knowledge of worldwide destinations, their negotiating power with the finest of cruise companies and tour operators AND their extensive use of internet based information and research to ensure that the customer gets the perfect holiday to meet their desires.
The company has an outstanding reputation based on reliability, trust, quality of services and quality of product. This reputation is backed up by the fact that the business is fully licensed by the International Air Transport Association (IATA) for the sale of scheduled air tickets and are members of Association of British Travel Agents(ABTA).
The U K holiday market is complex, varied and ever changing. To combat this and to provide customers with the peace of mind they crave the company provides a huge range of package tours and tailor made arrangements from a wider range of suppliers than can be found with the major high street retailers who, because of their very size, have to limit their product availability in the marketplace. Because this business is totally independent it can guarantee therefore a truly unbiased opinion on the holiday of your choice.
Expansion Potential
The business sector represents an area of major growth in the short/medium term. Whilst the company already has a presence in the market it could greatly increase this through increased marketing activity.