Long Established Travel Agent For Sale

Business description

HIGHLIGHTS:
• Unopposed, independent travel business in Dorset town
• Established for over 20 years
• Attractive, very well presented leasehold premises in affluent area
• Excellent turnover – y/e 30/06/07 £681,421 – abridged net profit £43,271
• 2,000 + client base

BUSINESS:
The business has been established since 1980 and owned by the vendor since 1987. It caters for a mixed clientele, offering tailor-made holidays, many in the lucrative over-50s travel market. Catering for a large and affluent area.

ABTA bonded and member of WorldChoice Trade Association.

LOCATION:
Dorset

TENURE:
Leasehold with a 10 year lease due to expire in 2010. Current rent £4,800pa.

EMPLOYEES:
The vendor is assisted by several part time staff

TRADING HOURS:
Monday to Friday 9.00am – 5.00pm
Saturday 9.00am – 1.00pm

SALES REVENUE:
The turnover in the year ended 30th June 2007 was £681,421 with a gross profit of 12.2%

GUIDE PRICE:
The vendor is asking for offers in the region of £37,500 (plus 50% of the forward booking pipeline commission at the time of completion) for the lease, goodwill, fixtures and fittings.

SUPPORT AND TRAINING:
If required appropriate training will be provided by the vendors after Exchange of Contracts has taken place

VIEWING:
All viewings to be arranged via the sole agents Adams and Co on 01752 493002

FINANCE:
Finance can be arranged subject to status for the purchase of this business. Contact Adams and Co for further details.

FULL PARTICULARS:
Please telephone or email for full particulars

Thank you for your interest in this business opportunity

SELLERS REFERENCE: SW1267