This company provides specialized destination travel services to an exceptionally dedicated, affluent, enthused group of travelers. The company organizes travel excursions around events that occur regularly on a well-known schedule; these events frequently sell out, providing a regular, profitable revenue stream.
For each event, the company organizes ancillary activities and educational seminars. Clients are drawn from a highly focused third-party customer list, as well as the company’s database of 10,000 prospects and customers, which is comprised of qualified travel enthusiasts. The business has an affluent client base, averaging $7,500 of revenue per traveler per event; a typical booking is two people ($15,000). The company runs smoothly with a small, experienced, knowledgeable team, allowing all contractors to be 100% home-based.
The owner has reached retirement age, so it’s time to hand over the reins to a qualified successor. A buyer can operate the business profitably “as-is” or shift into growth mode. Start advertising additional travel opportunities to the client base; it's filled with upscale travel aficionados. Expand into other products such as FIT travel. Start a concierge service for the high end of the market. Most importantly, leverage social media; the current owner doesn't use it, and the business’s content would be perfect for social platforms.
This destination travel company has it all: highly profitable, home-based, and with a devoted client base. Whether you’re an entrepreneur looking to own your first business, or you’re already in the travel industry and are looking to expand through acquisition, this may be the perfect opportunity for you. Questions? Reach out to the Agent today!
