VEX00837 – Specialist Group Travel Ticketing Solutions Business – SOLD

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VEX00837 - Specialist Group Travel Ticketing Solutions Business - SOLD Vexus Corporate LimitedSpecialist group travel ticketing business for sale

VEX00837 - Specialist Group Travel Ticketing Solutions Business - SOLD Vexus Corporate Limited
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Business Reference: VEX00837

Forecast Turnover: ~£2,300,000

Gross Profit: ~£230,000

 

 

 

Please direct all enquiries to:

Tony Vaughan
(T) 0330 133 2020
Vexus Corporate Ltd. 78 Pall Mall London SW1Y 5ES

Business Overview

Vexus is exclusively retained to find a purchaser for this market leading group travel ticket business.

For over 40 years, this business has provided travel support and booking services to a mix of corporate and group travel clients. The current owner has run this business for the last 26 years and is now planning to retire. The principal business activity is providing volume ticket booking services to large groups of international travellers.

The business is considered a specialist within its travel sector and operates within a growing niche travel market. The majority of the customers make large group bookings on a regular basis and often many times a year giving this business a high level of repeat business and recurring revenue. This business can further developed to increase turnover and profits.

“Business established for over 40 years”

The ATOL bonded business is operated by the current owner plus two part -time staff. Based in serviced office in the South of England, the business can be quickly and easily relocated.

From the very start, our client has always maintained the highest levels of quality and standards. All client bookings are financially protected through its ATOL.

The Opportunity

Our client seeks the outright sale of the business. Ideally the purchaser will be an existing travel or event based business with the appropriate expertise and synergies to take this business forward, alternatively this could be a good first business for an entrepreneur seeking a foothold in the business / group travel sector

The acquisition of this business offers a unique opportunity to enter or expand within this specialist travel and ticketing sector.

  • Trusted brand established for over 40 years.
  • Valuable base of customers
  • Market leader in group ticket booking
  • High levels of repeat business
  • Opportunity to greatly increase turnover & profit
  • ABTA membership
  • The Company has no debt.
  • Business can be relocated

Reason for Sale

The business has been operated by the existing owner for the last 26 years. Our client is now planning for retirement and a complete exit from the business.  We are now seeking a suitable acquirer who can maximise the market opportunity our client has created. Our client will provide a handover period for the new owner.

 Summary

This is a rare opportunity to acquire a long established and highly regarded group travel ticketing business. The Company is debt free and offers an excellent growth acquisition opportunity for an existing travel business, or entrepreneur seeking a business with an established brand and market reputation.

Price

We are inviting offers from qualified buyers for 100% of the shares in this established business.

 The Next Steps

 

THIS BUSINESS HAS BEEN SOLD.

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