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Specialist wholesaler who supply ground travel and services for Europe

Undisclosed, London
Status
FOR SALE
Advert ID
246788
Reference
1430LC / Rightbiz
Our client is designing and selling UK and Europe holidays and culture related travel products, e.g. leisure & business groups, student’s summer holidays & English study tours, Adult oversea English Training program, sports & adventure tours, exhibitions, arts & culture tours etc. from South East Asia.

It is licensed by Chinese travel administration board qualifying looking after Chinese tourists in UK and Europe.

The company is currently working with large Chinese travel corporations in Beijing and is the BtoB (Business to Business) model.The company is acting as the land operator of UK and Europe for those large travel companies and is signing up annual contract and taking purchasing orders from those companies on a yearly basis.

The purchasing order value is various and is for the group of 20–40 Chinese Tourists into UK and Europe. They look after all aspects of the group requirements whilst in the UK/Europe. 

This involves movement of the group from airport to hotel, designing and managing the daily itinerary for the duration of the stay, and return travel to airport,organisation of coach travel, hotels, restaurants, tourist attractions, creation of the itinerary,and being the point of contact to resolve any issues.

They are currently only taking under 100 groups averagely per year from those clients who are organising thousands of groups coming into Europe every year. In other words,the business is definitely repeated and the volume guaranteed as long as the new investors are capable to take them.
 
Based in London,with representation in Zurich,and a sales office in Beijing,the company works closely with Chinese travel companies in Beijing.With the increasing desire for Chinese people to travel to the UK and elsewhere in Europe market growth is strong.


Knowledge Expertise in the Industry
Direct contacts and relationships with all land service suppliers
Existing Customers with Repeat Business
The company is under UK Government EIS scheme qualifying for 30% tax income tax relieve and capital gain tax free for investors
Well Established
Massive selling market in China
Potential for massive growth and expansion
Due to the Brexit leading to the weak pounds, the UK inbound travel industry is expecting to grow even stronger than expected in 2017.
Regarding the selling proposals, they are quite flexible. Could either sell the whole company or sell part of the business and continue helping the business grow if that was the investor required.
The company is also open to Tire 1 entrepreneur investment application
Listing Details
Location: Undisclosed, London
Sector: Holiday Businesses, Miscellaneous Businesses
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Advert Reference: 1430LC / Rightbiz

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