Asking Price: $215,000 Gross Revenue: $190,477Cash Flow: $110,656 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $2,500 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This is your opportunity to own a well established, 21-year-old Travel Agency. Imagine yourself selling fun and sun to a long list of loyal customers. This business is operated with zero employees and all travel agents are paid as subcontractors. This company has survived the age of the internet by offering personalized travel services to customers who get overwhelmed with options. Their reputation in the industry has afforded them the best commissions from their travel partners. The best perk of owning a travel agency is the ability to travel for free or for an excellent tax deduction. In 2018, they already have over $1,000,000 in booked travel!
About the Business
This business is operated out of a commercially zoned home located on a heavily traveled roadway. You have the option to relocate the business, buy the whole home, or rent out office space in the current location. The owner lives upstairs and runs the business on the main level. They rent the downstairs to a professional practice which could be used as a base of operation for the business.
The most significant competition, of course, is the internet. However, their list of over 1,000 loyal customers keeps coming back year after year for the personalized service, best deals, and experienced advice. There is no local competition this size in the immediate area.
Growth & Expansion:
There is tremendous potential for a new owner to take this business to the next level by increasing external marketing, more social media engagement and utilizing internet advertisement to drive new customers.
Will train for 4 weeks @ $0 cost. To sell travel insurance you need an insurance license in the state you operate. You must associate with an organization, such as the Cruise Lines International Association, to receive a commission on travel you sell.
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