Travel Agency & Air Freight Company
Location United Kingdom
Asking Price Range $250K - $500K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1994
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training A period of training, familiarisation and handover will be provided to ensure a smooth transition to new ownership.
Reason for Sale This is a genuine retirement sale. A stage has been reached where the owners wish to retire and are offering the business for sale not only as an ...
Description Travel Agency & Air Freight Agency Middle East & Brazil Specialists
Confidentially offered for sale.
Ref No: GP077.
Location: Central London.
Asking price A??A145000
This highly successful travel agency and air freight business was established by the current owners in 1994. Since that time it has developed to the point where it is the agency of choice in its locale, a busy, very cosmopolitan, multi cultural area of Central London. Being close to many apartment blocks and other residential locations, much of the business is generated from local people. They have proved to be loyal clientele: many clients purchase travel arrangements a number of times each year.
Reflecting the number of local residents with family connections in the Middle East, many flight bookings are made to the region. Specific relationships exist with the following airlines:
British Airways
Egyptair
Qatar Airways
Syrian Arab Airlines
Royal Jordanian
Sudanese Airlines
Destinations in South America, with an emphasis on Brazil are also popular, where a relationship with TAM is in operation.
The business operates as a traditional high street travel agency yet has developed a niche market as a specialist in the arrangment of air travel and tailor made itineraries. Many trips are organised to the Middle East and South America. However, there is a large volume of business to all destinations, both long and short haul. Eurostar ticketing is also popular.
The company also operates an air freight service, with daily deliveries to Heathrow Airport, for onward transfer to all worldwide destinations.
The agency is fully bonded with both ATOL and IATA.
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