Global Tour Operator

Los Angeles County, CA
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Cash Flow:$1,171,000
Rent:$3,338/Month
Established Year:1933
Gross Revenue:$8,013,000
EBITDA:$971,000
BUSINESS DESCRIPTION

The business is a leading global travel services company in the high-end personalized leisure travel market with a luxury brand packaging tours to exotic global destinations. Most business is generated through travel agencies, as well as direct inquiries and past clients. The Company has several preferred vendor agreements with major travel consortiums.
The Company has a strong infrastructure and experienced team to meet the demands and serve the needs of travel agents as well as individual travelers by offering high end curated travel products tailored specifically to a client’s interests.
The business uses a highly customized 3rd party reservation system, with a unique data warehousing capability allowing the business to “push” data to multiple storefronts or frontends providing a white label product, uniquely branded for other tour operators, where this firm can fulfill the tour.
The business is headquartered in Los Angeles, with administrative and accounting operations in Asia.
It is anticipated that this will be a stock sale.
This business has been pre-approved for SBA financing.


DETAILED INFORMATION
Location
Los Angeles County, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,225
Lease Expiration
31/12/2024
Employees
25
Facilities
Assets include office equipment
Financing
Pre-qualified for SBA financing.
Support & Training
Owners will provide transitional training. Full management and support structure in place, with tenured staff.
Reason for Selling
Retirement
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Richard
M. Schammel
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Richard M. Schammel