An Award-Winning, Full-Service Travel Agency
| Gross Revenue: | $1,905,346 |
| EBITDA: | $110,171 |
Description:
The Company is an award-winning, full-service travel agency specializing in free independent travelers (FIT), destination weddings, honeymoons, European travel, incentive group travel, and luxury client travel. The company operates 24 hours a day, seven days a week, 365 days a year.
Key Aspects:
• Revenue and adjusted EBITDA grew at compound annual growth rates (CAGRs) of 33.5% and 54.5%, respectively, from 2020 through 2023
• Excellent industry reputation with over 25 years of travel agency experience, both domestically and internationally
• Upwards of 30 percent commission on certain services
• High employee retainage; pays commissions up front
• A loyalty program in place for referrals leading to positive customer retention
• Booked over 350 trips in 2023
• Strong international partnerships with vendors all over the world
• Website is search engine optimized (SEO)
Opportunities:
• Increase national and international event engagement
• Continue and expand marketing efforts to attract new clients and capitalize on its 80,000 prospective clients in its database
• Continue negotiating pricing agreements with preferred vendors
• Capitalize on its current relationships with charity organizations to increase the number of annual events and exposure
Headquartered:
• Southeast US
Current Markets:
• The Company primarily serves middle to high class consumers across the US.
Real Estate:
• The Company operates fully remote, with no physical operating facility.
Shareholder Ownership:
• The Company is wholly owned by a single shareholder seeking an exit strategy to pursue other interests. Management notes that the current owner is involved in day-to-day operations and is willing to remain with the Company in a limited capacity following a sale and is open to various deal structures.
