* Included in Asking Price
Independent Travel Agent Specialising in Private Villas in Portugal and Barbados
Asking Price £ 390,000
Asking price includes;
Turnover forecast 2012 circa £692,000 per annum
Gross Profits £254,000
Net Profit circa £149,000
Easy to run with Low Overheads
Well established (over 35 years)
Database of Privately owned Villas available to let
Excellent reputation at the luxury end of the market
All year round business
Regular repeat clientele
Potential for growth
This is a highly successful independent travel agency, which was established by the current owners in 1973.
The company’s aim is to provide the finest choice of villa available, ensuring clients have a wonderful holiday experience, organising transfers, car hire and possibly a chef, if required. Every villa has a pool and are furnished to a high standard of accommodation.
The business is well established and has a regular, repeat customer base who return annually to book their holiday. The company update their accommodation on an annual basis and are always striving to improve their portfolio of properties.
The business is profitable with low overheads, easy to run and has grown consistently over the years. There is an excellent opportunity to grow the business further for new owners, simply by building on the successful formula that the owners have put together.
|Facilities:||The business runs from an office block at the owners’ private home and is fully relocatable, being web and telephone based.|
|Competition:||The company sends out a monthly newsletter by e-mail to its database of circa 10,000 clients, updating them on any early booking offers or advising them of new properties available.
The business is highly ranked on the search engine pages for their particular holiday destinations.|
|Growth Potential:||The company has grown steadily over the years and have traded consistently having found a distinct niche in the travel market for accommodation in two extremely popular destinations. The owners now believe that there is an excellent opportunity to take the business forward. The business is ripe for expansion with flights, car hire, insurance, property sales and introducing other destinations to the portfolio over the coming years. Building on the Barbados side of the business could certainly prove beneficial for the future.|
|Training/Support:||The owners are happy to help out with a smooth transition of the business, for a negotiated period of time, introducing the new owner to the business connections of the company.|
|Sale Reason:||The owners have worked happily and successfully in the travel industry for 35 years and would like t|
Seller Reference #GP136
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