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BUSINESS REFERENCE : GP098 / RightBiz BUSY INDEPENDENT TOUR OPERATOR SPECIALISING IN THE BALKANS | | | | | | Busy Independent Tour Operator Specialising in the Balkans Confidentially offered for sale Ref No: GP098 Location: Northern Ireland Asking Price: £1,500,000 | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Travel Agencies | | SALE: | Agent Sale | LEASEHOLD: | £1500000 | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
This independent specialist tour operator has been providing tailor-made memorable holidays to clients for approximately 30 years and pride themselves on their unique, personal knowledge of the destinations. This knowledge and expertise has been paramount to the growth of the company, which has now developed a niche as a specialist operator within this growing market and has great influence with hotels and airlines, and become an agency of choice with circa 200 travel agencies using the service.
A superb market leader this operator arranges a wide choice of exceptional holidays for the best possible value for money, which has led clients to return and travel with them time and again, and to recommend the business to others. The company travel consultants are very experienced and well trained and have first hand knowledge of the country and assist clients in making the most of their holiday.
Excellently located the business has achieved all Ireland coverage with busy premises in two major towns located in the north and south of Northern Ireland.
The business has invested extensively in technology and is totally computerised with links to hotels, agents and airlines.
With a strong retail presence as well as a very well designed, informative web-site which acts as a very good advertising medium for the business, this is a well-established, prominent tour operator which combines a ‘high tech’ presentation and the immediacy of up to date information with good old fashioned service. something that makes them stand out from the competition. Not surprisingly therefore, this business has an enviable reputation for providing a high level of service and enjoys a high level of repeat business.
Customer Service:
The experienced staff are able to assist and advise on all aspects of travel arrangements to give their customers a truly professional service. This service keeps the business at the forefront of its field.
Key Strengths:
The cornerstone of this agency’s success has been the terrific reputation it has earned with both clients and the travel industry. Outstanding relationships exist with airlines and hotels. This ensures that the most complex arrangements can be readily provided to the discerning clientele as well as more simple requirements.
Growth and Expansion:
The current market for this type of business is growing at a rapid rate, and is forecast in the long term for significant growth. The business is well positioned to extend on the basis of the exisiting satisfied client list and to take maximum advantage of this growth as it occurs.
The business is a well structured company generating excellent profit margins with strong growth potential. Whilst the company has built up a growing and loyal database of clients, there are some major opportunities for growth, within a number of different sectors, in the group travel market. Corporate clients very often require the assistance of a specialist tour operator and this would be an excellent area to target.
Employees:
This business employs knowledgeable and experienced staff with the majority being travel consultants and administration assistants, plus two managers.
Advertising and Marketing:
Company marketing includes radio and newspaper advertising and displays at exhibitions. The glazed frontage of both high street shops provide excellent advertising space.
This business enjoys considerable word of mouth recommendation and referrals form satisfied customers, testimony to the high regard with which this business is held by customers. This business also has a very well designed, informative and easy to navigate web-site the details of which are advertised on the Company Brochure..
Premises:
Two prominent premises based in City Centre locations, which generate significant awareness of the business and excellent footfall.
Both premises will be offered on a leasehold basis to be negotiated at the time of sale.
Business Hours:
Monday to Saturday
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 for the financial year ending 2006 was circa £6.5 Million generating a Gross Profit of £1.4 Million.
Reason for Sale:
Retirement
Support and Training:
The vendor will provide a reasonable hand over period to ensure a smooth transition | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | GP098 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
