Project White
Fourth generation professional auctioneers and valuers
BUSINESS AND ASSETS FOR SALE – Travel Agency
BUSINESS OPPORTUNITY
An opportunity arises to purchase the business and or assets of a Company which operates in the travel industry, specialising in Ski and Snowboard holidays. Due to the financial position of the business, the purchase will be executed at the earliest opportunity. All interested parties will be requested to sign a non-disclosure agreement.
OVERVIEW OF BUSINESS / KEY FEATURES
• The Company operates from leasehold premises located in the North of England but has strong customer relationships across the UK and overseas;
• The Company employs 7 members of staff which includes 2 Company directors;
• Turnover of £2,423,758 to year end April 2021;
• Air Travel Organiser’s Licence (ATOL) Licence & Travel Trust Association (TTA) Membership required
FINANCIAL INFORMATION
| Profit & Loss Account | Balance Sheet | ||
| Year End to 31st April 2021 | Year End to 31st April 2021 | ||
| Turnover | £2,645K | Fixed Assets | £24K |
| Gross Profit | £2,423K | Current Assets | £2,410K |
| GP% | 91.6% | Liabilities | £(2,208K) |
| Overheads | £(2,312K) | ||
| Net Profit | £111K | Net Assets | £226K |
ASSETS FOR SALE
• Trade Debtors
• Goodwill and Website
• Motor Vehicle
• Order Book, Ongoing Contracts, Customer List
• Fixtures & Fittings
• Computer Equipment
EXPRESSIONS OF INTEREST
All expressions of interest should be made to Sarah Bates at KBL Advisory Limited by 5pm on 28th January 2022. A purchaser must be able to complete immediately. Proof of funding is required.
For further information please contact:
Sarah Bates
KBL Advisory Limited
Tel: 0161 637 8100
Email: Sarah@KBL-Advisory.com
Further information will be provided upon receipt of a NDA.