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GP068-Travel Agency Specialist in the arrangment of tailor made itineraries

Asking Price: GBP 130000   |  Posted by : Andrew Hudson
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Business Location: United Kingdom » City of London » Wood Green North London 
Category: Services » Travel & Transportation Services
Description:
Travel Agency Specialist in the arrangment of tailor made itineraries Fully bonded with both ABTA and IATA
Ref.GP068
Location Wood Green North London
Asking Price £ 130,000
This highly successful travel agency was established by the current owner in 1979. Since that time it has grown steadily and is now regarded as the agency of choice in its locale – a busy area of North London, close to main line train services and bus routes.

The business operates as a traditional high street travel agency yet has developed a niche market as a specialist in the arrangment of tailor made itineraries. Many trips are organised to Greece and Cyprus, reflecting the significant number of people from these destinations living locally. However, there is a large volume of business to all destinations, both long and short haul.

The agency specialises in providing flights, hotels, car hire, insurance and packages to all destinations. As such it is able to offer airline fares direct to the public at a level at which other travel agents find difficult to match. As well as extremely competitive fares, the cornerstone of the success of this business has been its commitment to customer service. This commitment to high quality and personal customer care has earned it a deservedly strong reputation amongst customers and suppliers alike.

Operating from a relatively low cost location, and keeping all other overheads under strict control, the business has risen to the challenge of the internet: it is often asked to quote against web prices and is almost always able to be more competitive.

The agency is fully bonded with both ABTA and IATA.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
1222000
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area: na
Year Established: 1979
Is Relocatable?:
No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 03
No of trading hours: Monday to Friday 9.30am to 7.00pm;Saturday 10.00am to 4.00pm
Reasons for selling:
This is a genuine retirement sale. A stage has been reached where the owner wishes to retire and is offering the business for sale not only as an organically expanding going concern but with further significant growth potential.
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