Asking price: £65,000

Sales revenue: £600,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
A ideal opportunity to acquire a small well established travel agency with good growth potential. The business caters for a broad client base in the thirty to seventy age range many of whom have been using this company for their travel arrangements for many years. Customers travel from a thirty mile radius to book their holidays and rely on the broad knowledge base of the owner and his staff to provide them with the sort of holidays they will enjoy and can afford.

Its high street location gives it a slight market advantage with the nearest competition being around twelve miles away and this helps it achieve annual sales of around three hundred holidays with an average value being two to three thousand pounds.

Equipment:

The business uses SABS front office software package that is specifically designed for the travel agency business.

Customer Service:

The business has an air of enthusiasm about it and clients are sure of a warm welcome. The wide range of available destinations ensures that there is something for everyone’s budget and attention to detail is paramount.

Key Strengths:

Well known and respected
Financially sound
Same location for many years
Strong customer base
Price competitive
Low overheads

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. The business generates revenue/ turnover of over £600,000 with gross profits averaging £75,000.

Employees: There is one full time assistant who works thirty-five hours a week.

Property: Leasehold

Location
The premises occupy a main street location of a small town in South Wales. The owner of the business pays a monthly rent to the owner and this could be formalised into a lease if required. There is a small front sales office with a kitchen, toilet and upstairs meeting room.

Expansion potential
There are many opportunities for a new owner to grow this business. The company does not sell to the cruise market that has enjoyed significant growth over recent years.

Competition / Market
The business does have a website but at present does not advertise its services in the local papers and magazines.

Support & training
There will be a full and professional handover for a period to be agreed as part of the sale process.

Reasons for selling
After a long and enjoyable career in the travel industry the owner has decided to take semi retirement.