Buy a Full Service Retail Travel Agency business for sale in Odessa on BusinessesForSale.com

  • Advert ID: 375057
  • (Seller ref: mb690)

Full Service Retail Travel Agency For Sale


Location:
Category:
Asking price:
$220,000
Sales revenue:
$2,600,000
Net profit:
$40,000
Years established:
Since 1987
Employees:
2 full-time, 2 part-time
Relocatable:
This business can be relocated.


Full Service Retail Travel Agency specializing in the sale of tours, cruises, airline tickets & sports packages to the public. They also make reservations for rental cars & hotel accommodations & offer assistance with travel documentation & foreign currency. This agency is a member of Vacation.com Consortium, Cruise Line International Association (CLIA) & Funjet Tours- Silver Level which indicates well above average sales commissions (between 11-14%) for this agency. They are known for their excellent customer service & have a professional & courteous staff, knowledgeable in all aspects of corporate & leisure travel. Together, they have over 100 years of combined experience in the travel industry.


Real Estate:
Lease
Lease terms:
Long term lease for another 3 years to October 2008.
Location:
Located in Odessa, to the far west of Texas on I-20 between Dallas & El Paso. This area is part of the Permian Basin, which accounts for the large amounts of oil & gas in this region.The population of Odessa & Midland (a town 20 miles to the east) & other surrounding towns is approximately 300,000 people. Odessa & Midland each have approximately 100,000 people each. Midland international Airport is only 10 miles to the east of Odessa & services American Eagle Continental Express, & Southwest Airlines. Due to the increased activity of oil & gas exploration, drilling & production, this area has had low unemployment (4%) for several years & has increased the amount of disposable income for many people. Odessa is also proud to be home to the University of Texas of Permian Basin (a four-year university) & Odessa College (a junior college).

Expansion potential:
Excellent potential for expansion with the increased use of the web & Internet for marketing.
Competition / Market:
Some competition
Support & training:
Owner/Manager will stay for a period of up to 2 months to help facilitate a smooth transition to the new Owner.
Reasons for selling:
Owner wishes to retire
Trading hours:
Monday through Friday 8:30am to 5:30pm
Financing available:
Contact for additional information
Furniture / Fixtures value:
$28,754

For more information about this business for sale, click the Contact Seller button.

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