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Travel Agency
Location United Kingdom
Asking Price Range $250K - $500K
Gross Revenues $2515713
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1979
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training A period of training, familiarisation and handover will be provided to ensure a smooth transition to new ownership.
Reason for Sale This is a genuine retirement sale. A stage has been reached where the owner wishes to retire and is offering the business for sale not only as an organically expanding going concern but with further significant growth potential.
Description Travel Agency Specialist in the arrangment of tailor made itineraries
Fully bonded with both ABTA and IATA
Confidentially offered for sale
Ref No: GP068
Location: Wood Green North London
Asking Price 140,000
This highly successful travel agency was established by the current owner in 1979. Since that time it has grown steadily and is now regarded as the agency of choice in its locale a busy area of North London, close to main line train services and bus routes.
The business operates as a traditional high street travel agency yet has developed a niche market as a specialist in the arrangment of tailor made itineraries. Many trips are organised to Greece and Cyprus, reflecting the significant number of people from these destinations living locally. However, there is a large volume of business to all destinations, both long and short haul.
The agency specialises in providing flights, hotels, car hire, insurance and packages to all destinations. As such it is able to offer airline fares direct to the public at a level at which other travel agents find difficult to match. As well as extremely competitive fares, the cornerstone of the success of this business has been its commitment to customer service. This commitment to high quality and personal customer care has earned it a deservedly strong reputation amongst customers and suppliers alike.
Operating from a relatively low cost location, and keeping all other overheads under strict control, the business has risen to the challenge of the internet: it is often asked to quote against web prices and is almost always able to be more competitive.
The agency is fully bonded with both ABTA and IATA.
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