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Business For Sale
TRAVEL AGENCY
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Asking Price: |
$145000
USD USA Dollars
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Business for Sale Industry: |
Services: Travel, Transportation
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Reason for Selling:
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Retirement |
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Year Established:
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1997 |
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# of Employees:
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3 |
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Yearly Revenues:
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$63,597 |
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Yearly EBITDA:
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$38,400 |
Business for Sale Overview:
This full service travel agency in the western Chicago suburbs is in the fastest growing area in Illinois, which has contributed to the business’ growth. With nearly 10 years in the area, the agency has strong ties within the community and sees incredible customer loyalty. Nearly 90 percent of its customers use its services multiple times for the great customer service. The staff is experienced, friendly and long-term – some agents have been with the company since its start. They have an incredible wealth of knowledge concerning great vacation spots, especially for cruises and trips to Mexico. Leisure travel makes up about 40 percent of the business’ gross revenue, with corporate travel at about 60 percent.
The business is the only travel agency in town. It is located in a leased 820-sq-ft storefront on a state highway. The beautiful space provides plenty of exposure and has ample parking. The business is located in a rapidly growing community. At the 2000 census, the population was just over 10,500. City officials estimate it at 14,400 now. The town also is just north of one of the fastest growing communities in Illinois, with about 150,000 people. The town features a variety of recreational opportunities and easy access to several major interstates and state highways.
At least one of the owners would be willing to stay on part-time for one to two years.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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