Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Sold. Online Travel Company Abta Registered
LISTING DETAILS
Firms For Sale ID:
32610
Vendor reference:
GP200
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£249,000
Turnover / revenue:
£4,500,000
Net profit / cashflow:
£100,000
Years established:
20
Trading hours:
Monday – Friday: 0900-1730
Saturday: 0930-1330
Sunday: Closed
Sales line is open for calls/bookings:
0800-2200 Mon- Friday
0900-2100 Saturday
1000-2100 Sunday
Number of employees:
7
Employees / staffing:
The business employs some 7 full time staff including a general manager, sales manager, 2 customer services representatives and 2 home based sales advisors.
It also has a network of 11 self employed sales advisors who are home based and paid on a commission only basis.
OTHER DETAILS
Reason for selling:
Retirement.
Support and training:
The owners will provide full business familiarisation, training and handover as required to ensure a smooth transfer of the business to new owners. Length of time to be negotiated at time of sale. This should be a relatively simple process as the business has some key members of staff in place.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The business currently operates from small retail type premises alongside the vendors other business. It is not tied into any agreement at present but this could be arranged should a new owner so require. Alternatively it could easily be relocated.
BUSINESS DESCRIPTION
Online Travel Company
ABTA Registered
Ref.GP200
Location UK/Relocatable
Asking Price £ 249,000
This very well established independent online travel business has been successfully trading for well over 20 years and provides package holidays to worldwide destinations specialising mainly in beach holiday locations. The business also has a separate online ski holiday division.
The company has in excess of 20 fully functional websites and domains which generate very impressive levels of sales leads for the network of home-based self-employed sales agents to fulfil. The main website attracts on average circa 88,425 unique visitors per month. The company also has a presence on social media with some 4000+ Facebook fans!
In addition to this the business also has a retail site which also serves as the head office for the company where senior staff members are based. However the retail operation only accounts for a very small level of business these days (the company transformed itself into an online operation over 10 years ago!) so the company could easily be relocated if need be.
In addition to this the business also has two franchise operations. One of these has been operating for the last 3 years from a retail site in a major Scottish city whilst the other one is purely online and specialises in "Disney" holidays for the business.
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 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 average selling price of holidays booked over the last year has been in excess of £500 per head.
Expansion Potential
The business has enjoyed consistent sales over the last few years despite the tough economic conditions which have impacted many of their competitors. This is a refection of the presence the business has in the market and its ability to offer highly competitive packages to customers whilst still maintaining its own profitability.
The business model is such that it could easily accommodate future growth without having to greatly increase its fixed overhead.
Whilst the company already has a good presence in the market it could greatly increase this through increased marketing activity, particularly within SEO, as the vendors have spent the last year working on this and the benefits are ju
Market / Competition / Non-Competition Agreements
The business currently operates from small retail type premises alongside the vendors other business. It is not tied into any agreement at present but this could be arranged should a new owner so require. Alternatively it could easily be relocated.