Travel Wholesaler

VA

Travel Wholesaler
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Asking Price: Get Financing: $5,000,000

Cash Flow: N/A

Gross Revenue: $8,700,000

EBITDA: $1,350,000

FF&E: N/A

Inventory: N/A

Real Estate: $450,000*

Established: 2000

*not included in asking price.

Travel Wholesaler

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Business Description

Hi-profit Wholesale Tour Co

This Company is a leading wholesaler of travel tours along the Eastern Seaboard and elsewhere. The Company does not own or operate any tour buses, hotels, or attractions. Rather, it contracts with its vendors - various tour companies, hotels, attractions, etc. for these services and creates the tour packages that it offers to its clients - primarily tour operators who outsource their tour planning and the operation of their tours, or parts of their tours, to the Company to operate as ‘private label’ for them. The Company has a diverse client base and enjoys very strong customer loyalty with over 95% repeat business. The Company has operational management in place and procedures that streamline the process of generating proposals, securing sales and delivering a premium product (the tour package). The Company has very consistent growth, strong sales and revenues and is poised for substantial accelerated growth with the right owner.

Detailed Information

Real Estate:
Owned
Not included in asking price
Building SF:
2,000
Employees:
16
Facilities:
The business operates out of a facility that is owned by an entity related to the business owner. The facility is attractive and is available to the business buyer for sale or lease. The facility is convenient to the Company's employee base.
Competition:
The Company is the dominant player in its particular niche. While there are several companies that offer some of the services that this Company offers, none are considered head-on competition.
Growth & Expansion:
There are many avenues of growth that new, more aggressive ownership could take. One would be to increase the number of destinations offered - the Company already has a base of over 100 regular clients who are always looking for new tours to market - more destinations would increase the revenues from this existing client base. Another tack would be to increase the client base. This could be accomplished easily by simply increasing the size of the sales team. A market that the Company is just beginning to explore (with strong success) is student travel. Management believes that devoting resources to this fast-growing travel segment would yield very positive results.
Financing:
Bank financing available for qualified buyers
Support & Training:
Management will help train the buyer in all aspects of the business and will stay on after closing for a period of time to ensure a smooth transition.
Reason for Selling:
Other business interests.
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Contact the Seller

(from currently available funds)
 
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Bill Blumberg

Business Listed By:
Bill Blumberg

Prime Investments

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Sponsoring Broker:
Don Naideck


Listing Statistics for Premium Members

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