Listing Number: 3301-773199
This is a 25+ years-old niche multi-location travel agency with diversified revenue.
Revenue sources are diversified between travel (flights, vacation packages, insurance, hotels, car rentals), parcel services and money transfers.
The business continued to make money for the owner during COVID despite decrease in travel-related bookings. Parcel services remained strong during that time.
The business has desirable IATA and TICO licenses.
It has contracts with major airlines, vacation operators, parcel handling operator and money transfer companies.
Seller financing may be available to a qualified buyer.
This business is ideal for:
- A hands-on operator that desires an established and successful business
- A local or out-of-province competitor that would benefit from growing through acquisitions and would benefit from a well established client base and a business name
- An investor who wants to put a management team in place and grow the business
CIM will be made available only to qualified buyers with an executed NDA.
- Price: $ 985,000
- Down Payment: --
- Sellers Discretionary Earnings: $ 394,000
- Total Sales: $ 2,258,000
- Location: Toronto Division, Ontario
- Inventory: $ 0
- FF&E: $ 0
- Reason for Selling: Retirement
- Category: Travel