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Refer to Broker
Refer to Broker
Established in 1995, Travel is a tour and coach operator that provides a range of day tours and extended tours for the senior market in the Canberra region and beyond. At the core of Travel is the travel club membership, sitting at approximately 1,600 loyal members. There are also strong working relationships in place with many Probus Clubs and Senior Groups. Travel is a proven well recognized brand and household name in the senior market.
Key Points:
– A large client base which includes the travel club membership of approximately 1,600 members
– A huge range of tour options
– High brand awareness in the region and amongst the target market with no direct competitors in the tour market locally
– Strong forward bookings/customer tour deposits in with FY2023 forecast for over a $3.5 million T/O
Travel has an excellent relationship with a travel wholesaler. The wholesaler plans, books and organises all the extended tours, including international travel tours. All-day tours and musicals are planned in-house. This business may suit a husband and wife team, someone with mechanical or heavy vehicle driving experience, an existing operator in the bus & coach industry looking to expand and capitalise on synergies to be had with existing staffing and infrastructure or someone new to the bus & coach industry.
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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