Tourist Transport
Location Gibraltar
Asking Price Range $1.0M - $2.5M
Gross Revenues $1417500
Net Profit / Cash Flow $642600
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1941
Number of Employees 10 - 19
Inventory $1,206,000
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Owned
Reason for Sale Selling due to illness.
Description We have a one of a kind business giving passengers arriving to Gibraltar a full rock tour, and we charge Aœ7.50 per person. Gibraltar receives approximately 10,000,000 tourists, we have been established since 1941 therefore we have a very good reputation for our service. Due to illness within the family we find ourselves forced to sell this part of our business which includes 14 Buses, 14 exclusive licenses which the last license was sold at Aœ48,000. If you where to multiply 48 by 14 its Aœ672,000 plus the goodwill of the company, the asking price is Aœ1,400,000. In the Rock of Gibraltar under the sun, 11 months a year. This includes a plot of land for storing the vehicles, not counting the value of the buses plus 3 Big coaches which are also included in the price. These vehicles are constantly taking passengers to Sevilla, Malaga, Madrid and Morocco for excursions over the border. With this we offer our own travel Agent called Paddy Tours. Contact for more information on this Tourist Transport business for sale.
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