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Turner Butler Business Broker

1/1Turner Butler Business Broker




Independent, Family Run Licensed Tour Operator Specialising in UMRAH & HAJJ Services including Freehold property

Established over 28 years ago this is an independently owned family Licensed Tour Operator of excellent standing and reputation. They have earned plaudits both locally, nationally and internationally for their honesty, integrity and reliability in providing travel services specialising in long haul destinations.

Specialising in UMRAH & HAJJ services the company are both ATOL & IATA consolidated members and also members of the AAC. They work with the latest technologies available at their disposal and are able to give their customers a quick response from their fully trained and qualified staff. This inclusdes an on line viewing service for the customer allowing for them to view their booking on their own computer at any time. They also offer travel insurance, Visa service, imigration advice, plus fast and reliable worldwide money transfers through Western Union, of which they are an authorised agent.

The company organises and runs religious trips during the year, chartering aircrafts, booking hotels and organising all transfers and transportation for their clients. They offer a full programme to their clients with a sliding scale of cost dependant on the quality of accomodation required. The trips are to the Holy Cities including Medina and Jerusalem and are seen as a pilgrimage to fulfill their clients religious values. The company have been successfully running these trips for a number of years and have an allocation of Visas from the Saudi Government which are used each year. There are another ten agents around the UK who also book clients on their own organised trips.

This is a well established business in a fast growing market with a huge existing client database. Business is flourishing and there is huge scope to build upon the expertise, reputation and solid business foundations that the current owner and his family have built. New owners with fresh energy and enthusiasm plus some investment into further staffing have the opportunity to take the business forward to the next level

Customer Service:

Customer service is paramount to the success of this business. This is one of the major reasons why the business has grown successfully and earned such a high reputation for specialist long haul travel. This is a friendly company which goes that extra mile to satisfy their customers and has built up a huge database of clients, many of which have been dealing with them for over 20 years.

The company are adept in emergency travel at no extra cost to the client. They are one of only two IATA agents in the local area and are able to organise flights which are readily available on the spur of the moment. They work successfully and are approved agents for a number of scheduled airlines including British Airways, Lufthansa, Emirates, Air India, PIA, Saudi Air plus many others.

The company offers their clients a wide range of services including Visa Service, Travel Insurance, on-line viewing of own booking, money transfer plus Immigration advice and needs.

Key Strengths:

• Well established – 28 years
• ATOL & IATA fully bonded
• Specialist supplier of UMRAH & HAJJ services
• Allocation of Visas from Saudi Government
• Huge Database of regular repeat customers
• Western Union authorised agent
• Fast growing market
• Specialist software in place
• Freehold Property
• Good Cash flow
• History of Growth & Profits

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Turnover is circa £1,195,000 with Gross Profits of circa £88,000.



Property:
Freehold

Expansion potential:
The owner has been happily and successfully running the business for the past twenty eight years together with his family. The family have now decided to pursue other paths in life and the owner believes the business needs fresh energy and enthusiasm to take over and grow the business.

There is a huge opportunity to grow the charter side of the business and organise more religious package tours. The tours are always sold out and the owner is constantly being asked for spare places. The business now needs further time and energy to organise such tours, which are highly profitable, and the owner just does not have the time or the desire to increase his high workload.
Reasons for selling:
The owner has recently had a health scare and with his family looking to move away from the business and pursue other interests the owner believes this would be a perfect time for new investors to take over the reigns of the company.
Employees:
4
Support & training:
The owner would be happy to help with a smooth transfer of the business in any way possible.


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