Well Established Travel Agency For Sale (ATOL Licenced)

Business Overview

Business ID: BTC22265

Business Details

  • Business ID: BTC22265
  • Business Status: For Sale
  • Business Type: Freehold

Business Description

  • We are a fully licensed and independent travel agency holding the coveted Air Travel Organiser’s Licence (ATOL) No. 2413, issued by the Civil Aviation Authority (CAA). Our license allows us to arrange flights, bespoke holidays, and guided tours for our clients, with a particular focus on tailor-made itineraries, multi-centre holidays, and Safaris, especially in Kenya and Tanzania, culminating in a relaxing beach stay in Zanzibar. Our expertise also extends to booking cruises and religious pilgrimages in destinations such as Jerusalem, Sri Lanka and Umrah and Hajj in Saudi Arabia and extensive guided tours within India.We are proud to use Galileo (Travelport) for all flight bookings, providing our customers with live availability for every airline. We are an IATA TIDS (Travel Industry Designator Service) Agent, giving us full control over every booking, enabling us to make changes, rebook, or cancel as necessary. We issue our Confirmation of Reservations/Invoice and an ATOL Certificate for every booking and payment, providing full financial protection for our clients under our license.As experts in our field, we monitor and maximize profits on all flights, hotel bookings, excursions, and transfers in Economy, Club, and First Class. Our payment system accepts credit cards, and we have negotiated special rates with our merchant, providing us with quick and efficient payment processing, usually received within 24 hours.

    We carry Professional Indemnity, Director’s, and Officer’s Insurance, providing our customers with peace of mind when booking our bespoke and multi-centre holidays, which are often impossible to book online. Our extensive experience, knowledge, and attention to safety make our service both valuable and cost-effective for our clients.

    Ø       Our turnover for the year 2018-19 was £605,364.
    Ø       During the pandemic year 2019-20, our turnover was £595,002.
    Ø       We were severely impacted by the pandemic’s onset in 2020-21, which resulted in a turnover of -£59,923.
    Ø       Despite the pandemic’s challenges, we have bounced back with a turnover of £420,475 in  2021-22.
    Ø       We project and estimate a turnover between £1.0 to £1.2 million in 2022-23.

    Our premises are conveniently located on the ground floor, facing the main road, with two vehicle parking spaces on the driveway. Our building is a freehold property that includes a three-bedroom flat rented out on a shorthold tenancy, generating almost £1,000 per month. We have two toilets, a small kitchen, central heating, an alarm, and CCTV, ensuring the premises are fully protected.

    We have invested heavily in technology, including a new telephone system with call recording, enabling us to answer calls from any part of the world. We get 100 minutes of free international calls to all landline numbers. We recently renovated our office and flat, and we are in process of rebuilding a new online site.

    We have been in business for 37 years, generating a loyal customer base, with many recommendations. Our Directors will assist with the handover, subject to conditions permitting. The sale includes the freehold building, all fixtures and fittings, and our computers, which will reset to factory settings due to the presence of confidential files.

    Our solicitor, specialising in the Travel Industry, has drawn up a new contract, which is now in place, containing our terms and conditions. The price for the company is available on application, and we are open to reasonable offers. Our aim is to dispose of the business and retire.  Enquiries on the purchase of this business in the first instance to:  pravin@kantaria.co.uk

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