Well Established Travel Agency with Good Networks Ahmedabad

Listing ID: SL003526
Posted By: Owner
Last Active: 1+ year ago
Verified User Information
emailEmail
phonePhone
googleGoogle
linkedinLinkedIn
facebookFacebook

Product / Service

This profitable business was established in Dec 2010. This business has created a brand name for itself in this industry without doing much marketing. This is a Sole Proprietorship Business and has great industry relations. Currently, 3 people work over here including the promoter. They mainly specialize in organizing International tours and packages including services like Visa, Hotels, and other travel arrangements, They have the tourism board affiliation with the government of Australia, Thailand, South Africa and Canada. They have healthy corporate connections as well. They are currently catering to more than 25 major corporates from Ahmedabad and outside Ahmedabad as well. They serve around 50-60 clients in a month at an average. The revenue of the last financial year is INR 2.5Cr with a profit margin of 8-10%. The promoter is willing to be associated with the business for the next 6 months for training and making the new owner understand the nitty-gritty of his business. Since the promoter has to look after his family business, therefore he is willing to sell this business off. The Asking price is INR 25 Lakhs(Negotiable). The turnover for 2018-2019 was INR 2.5 CR.
The turnover for 2020-2021 is INR 50 lakhs.

Clientele type

Corporate & Leisure

Premises

word of mouth and direct marketing

Asking Price Includes

Corporate clientele, wide networks, goodwill, etc

Reason

Busy with family business

Other Details

They have the tourism board affiliation with the government of Australia, Thailand, South Africa and Canada.

Business Tags

Brand name Corporate Clientele Good Market Reputation Large Clientele Licences & Approvals Strong presence in market

₹10 to ₹200 Cr

Complete Investment Banking Solution in 120 Days

Seamless Fundraising/M&A transactions

Start your growth journey with our 25+ Years of Experienced Professional Team.

Contact IBGrid Team

You may also like

Frequently Asked Questions

How to contact a business owner directly to buy or invest in a business?

Connecting with a business owner directly is simple! Just follow these 3 easy steps:
1. Create your FREE Investor/Buyer profile on IndiaBizForSale
2. Explore the 'Business Opportunities' section to find 10,000+ business opportunities matching your investment preferences.
3. Click on the 'Contact Business' button and connect with business owner directly. Check here to know how it works

Note: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.

How does IndiaBiz verify the business information?

The business opportunity is either posted by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published.
We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity maybe put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks.
We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.

What to consider before buying or investing in a business?

Below are some of the factors that need to be considered before buying or investing in a business:
  • Growth prospects of the industry and business
  • Sales, profitability, and cash flow of the business should be considered
  • Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
  • Source of financing the purchase
  • Amount of additional investment that will be required to grow business
  • Does the business have second-line of management?
  • Are you going to run the business on day-to-day basis or appoint some professional for the same?
  • What decisions are to be taken to improve the profitability of the business?
  • Time period of payback or return is envisaged from the business?
  • Any long-term strategic benefit or synergy with your existing business?
  • Will the clients continue with the business after the acquisition?
Most of the above questions should be answered when you are evaluating any business opportunity for acquisition/investment.

What support can I expect from IndiaBiz?

If you have any queries or need help, our team is here for you! You can email us at [email protected]
Our Advisory team also provides support related to business valuation, business plan documents, and franchise expansion plans at a fee. Contact our sales team for more details based on your requirements.

As a seller, you are not allowed to contact another seller.

You cannot contact the seller as the Business Listing is On Hold

Error Occured

You cannot contact the seller as the Business is not available Anymore.

You cannot contact the seller as the Business is Sold.

Your mobile number is verified.
Your message will be sent after you have listed
your Buying requirements (takes 2-3 minutes).
Press Next.

Your message will be sent only after you have
verified your email-id. Please check your email.
Press Next.