Successful Travel Agency Northern Mass. -Not a Franchise

Middlesex County, MA (Relocatable)

Seller Financing Available
Successful Travel Agency Northern Mass. -Not a Franchise
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Asking Price: $129,000

Cash Flow: $96,000

Gross Revenue: $3,200,000

EBITDA: N/A

FF&E: $9,000

Inventory: N/A

Rent: $600

Established: 1985

Successful Travel Agency Northern Mass. -Not a Franchise

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Business Description

Live your dreams as a high-end travel agent! This agency works with retail clients, along with area sports teams and social organizations to help others enjoy life. Destination weddings are a specialty and the company’s agents have a deep experience with key destinations, especially the Caribbean and Hawaii. Cruises are booming and new ships are coming online regularly: you can enjoy those free familiarization trips so you can talk knowingly about the ships, ports of call, hotel, and excursions.

The owner will train you and is willing to remain as an agent earning commissions for a period to be negotiated.

The agency has high-level certifications from the major cruise lines, airlines, and other vendors. This not only raises the commission levels but also enables the agency to provide superb levels of service to its multi-state customer base. Some customers have been using the agency for 30 years.

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We have so much more information about this business that we want to share with you including a full summary and revenue expense breakdown. But this is a very confidential listing. So in order to share the details with you we will need you to fill out the "Contact the Seller" area on this page and provide the requested information. You will be asked to sign a non-disclosure agreement.

Detailed Information

Location:
Middlesex County, MA
Real Estate:
Leased
Building SF:
600
Lease Expiration:
N/A
Employees:
2 FT, 9 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business operates out of a leased retail space in a Boston suburb. There are desks, computers, and file cabinets and other office equipment. All are in good and usable condition. The landlord is open to a new lease at the current level. The low level of walk-in traffic would allow relocation within the area.
Competition:
The business has operated for 33 years in the area and has very little direct competition. They have distinguished themselves by their high level of customer service while other agencies have fallen by the wayside. Their market is nationwide and they have independent agents who are destination specialists. Their vendor relationships translate to higher commissions per transaction and more familiarization trips for its agents.
Growth & Expansion:
The current owner has maintained a very small office and has grown by using independent agents who are bonded to the agency by the strict industry registration and bonding rules. Additional growth could be achieved with up-selling more destination amenities, more elaborate destination wedding arrangements, and representation of more small cruise lines. We would not recommend attempting to become a corporate agency.
Support & Training:
Seller will fully orient the buyer to the business, its methods, and its very large customer base. The seller will introduce key vendor contacts, especially the cruise lines. The seller is willing to stay on as a part-time agent at a price to be negotiated
Reason for Selling:
Retirement
Business Website:
http://goodmanonline.com/listings
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Peter Quandt

Business Listed By:
Peter Quandt

Goodman And Company Business Brokers

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Sponsoring Broker:
Peter Goodman, CBI

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