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Holiday & Travel Company for sale, 10 yrs UAE presence.

USD 1 399 000

 License: Tour Agent.

Activities: Travel Agent; In Bound & Out Bound Tour Operator/DMC. 

Annual Average Turnover: 11,259,000 AED

Net Profit: 1,300,000 AED / 357,000 USD

Office: Central Location, Dubai, 139 sq.m

Office rent: 126,000 AED/year

Active employees: 6 + 2 directors.                    

Local sponsor fee: 30,000 AED.

Monthly salary expenses: 50,000 AED 

The company is a 28 year old brand in the worldwide travel and tourism industry with international recognition. It is an experienced and well established Holiday & Travel operator, with over 10 years experience in the Dubai market. It has built up reputable market presence, partnerships and a strong name.

Areas of service and specialty include:
Ready-made holiday packages, tailor made holiday offers, luxury holidays, student groups, special interest programs and corporate travel. The company has also done events for various Dubai companies and this has potential to grow.

Destinations on offer include:
Middle East: U.A.E, Oman &  Jordan
Asia: India, Thailand, Malaysia, Sri Lanka, Vietnam, Indonesia 
Europe: U.K, Turkey, Italy, Spain, Armenia, Georgia, Azerbaijan, Cyprus, Greece & Hungary

Africa: Kenya, Tanzania, Uganda, Rwanda, Ethiopia, South Africa, Botswana, Namibia, Egypt
Islands: Maldives, Mauritius, Seychelles, Zanzibar  and Tahiti

The company has strong partners in place that handle the above destinations from start to finish.
This makes it very easy for a buyer to easily carry out existing business.


Clients:
The company already has in place clients from its world wide travel agents, corporate clients and direct clients. Many are loyal clients and agents and bring in repeat business.
The company has strong references and recommendation letters from various international companies and direct clients.

Clients are from all regions including the Middle East, Asia, Eastern Europe, parts of Western Europe and the U.S.A.  Another market that can still be explored is the Australian market / China and Iran.

Company has strong online presence and enquiries are generated from its website, social media sites such as Facebook, the company does daily emarketing which also generates many enquiries.
Other strong areas are sales calls and participating in travel and tourism exhibitions.
Many enquiries come from word of mouth & client references, repeat clients and agents.

Suppliers:
Having been in business for over 28 years the company has developed reliable suppliers (DMCs) and gets very good wholesale rates.  It also has contract rates in place for some of its destinations and hotels. The company has good ties and relationship with airlines in the middle east making it easy to create programs with flights.

The company works closely with tourism boards to promote the destinations using its brand image.

Marketing:
The company owns a database of over 30,000 contacts worldwide using emarketing software.  Approximately 20 different eshots go out per week which generate good quality enquiries.
This is handled by an in-house designer and marketing person.

Eshots are done on interesting articles, promotions and packages. Special offers are constantly updated on the company’s website.

Additional sales and marketing the company does includes:
- Agent sales calls or training sessions
- Articles or promotions in travel magazines
- Participating at travel exhibitions
- Road shows with hotel partners or airlines
- Working with other tourism partners to offer promotions, special offers, competitions

Admin
The company employs 6 full time experienced and trained staff in Dubai. Staff have been personally trained by the owners. The team has a strong sense of loyalty with some employees having been with the company for over 7 years. The company also owns two company vehicles with company branding.


Property information

Location:

Dubai - full office setup in stylish setting and central location. 
Ready built up offices, equipment, furniture and decor.


Premises Details:

Rented office space with capacity for 10-15 staff. 
Stylishly furnished and fully equipped. 
Corporate clients in the building and accessible for direct clients.

BUSINESS OPPORTUNITY:

Company Strengths:
Established business 28 year old management experience and  10 years in Dubai, with an investment of more than USD 3M in brand creation over the years.
Fully operational business, easy and ready to take over and grow
Unique products gives it more potential than other travel companies (Destinations such as Armenia, Georgia and African Safari product)
Product is easily marketable to worldwide clients and agents
Product is easily deliverable via existing ground partners in place
Experienced team, friendly and easy to work with
Strong brand name in international and local market
Large database of clients and repeat client business.

Can handle inbound & outbound travel while many Dubai companies offer only one service.

Expansion Potential:

The business has strong potential for growth. Areas that can be explored are:
 

  • Adding a ticketing division / visa issuance or grow existing relationship with ticketing partner
  • Adding online booking engine on the website
  • Adding retail outlets/travel shops in the U.A.E
  • Adding a luxury travel lounge if wanting to offer more luxury holiday services
  • Becoming an implant in companies to get more corporate business
  • Adding more destinations
  • Add an Events division
  • Offer Medical tourism
  • Securing series bookings for repeat guaranteed business
  • Offer cruise packages

Support & training:

Support and training can be offered by the current owners to a prospective buyer on running the business and potential areas to grow. A consultancy agreement could also be discussed.
 

Relocatable:

  • This business can be easily relocated.
     

Bestington Businessmen Services is always available to provide more information regarding this exceptional opportunity, organise viewings and execute all the legal procedures for the buy-sell process and registration.

Contact us at your convenience: 00971 52 521 7878 / 00971 4 399 8170