Featured Brokers
CONFIDENTIAL SALE
FOR SALE
22/02/24
607175
151952 / Rightbiz
The company is a popular tour provider, offering one-day, three-day and multi-day coach tours across Scotland. Tours explore popular destinations such as the Isle of Skye, Loch Ness and the Highlands, with other services including self-driving tours and guided walking tours of Edinburgh.
Providing fully guided multi-lingual tours, the company primarily caters to international clients, with over 100,000 tickets sold in 2023 and high ratings on both Google and Tripadvisor.
The shareholders are offering the company for sale due to a change in their personal circumstances.
Offers invited.
Key Highlights
- Over 55% of sales are generated in-house, either via the company’s websites or its city centre ticket office.
- Remainder of sales are derived from relationships with over 300 travel agent partners worldwide.
- Excellent relationships with many hotel chains, independent B&Bs and attractions across Scotland, many of which provide credit facilities.
- Fleet of 16 vehicles, ranging from eight-seater minibuses to 54-seater coaches, enabling it to cater to a wide range of group sizes.
- Experienced second-tier management team in place.
- Operates from ideally located leasehold premises.
Financial Highlights
- Turnover of £3.9m, with an adjusted EBITDA of £1,7m.
- Turnover expected to reach £5m in YE24, with an adjusted EBITDA of £1.8m.
- Further growth expected in YE25, with turnover reaching £5.3m.
- Bookings valued at £423k for the current financial year.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
The data showed regarding this advert 'A leading tour operator – based in Scotland - 151952 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.