Overview
Description
The company is a popular tour provider, offering one-day, three-day and multi-day coach tours across Scotland. Tours explore popular destinations such as the Isle of Skye, Loch Ness and the Highlands, with other services including self-driving tours and guided walking tours of Edinburgh.
Providing fully guided multi-lingual tours, the company primarily caters to international clients, with over 100,000 tickets sold in 2023 and high ratings on both Google and Tripadvisor.
The shareholders are offering the company for sale due to a change in their personal circumstances.
Offers invited.
Key Highlights
– Over 55% of sales are generated in-house, either via the company’s websites or its city centre ticket office.
– Remainder of sales are derived from relationships with over 300 travel agent partners worldwide.
– Excellent relationships with many hotel chains, independent B&Bs and attractions across Scotland, many of which provide credit facilities.
– Fleet of 16 vehicles, ranging from eight-seater minibuses to 54-seater coaches, enabling it to cater to a wide range of group sizes.
– Experienced second-tier management team in place.
– Operates from ideally located leasehold premises.
Financial Highlights
– Turnover of £3.9m, with an adjusted EBITDA of £1,7m.
– Turnover expected to reach £5m in YE24, with an adjusted EBITDA of £1.8m.
– Further growth expected in YE25, with turnover reaching £5.3m.
– Bookings valued at £423k for the current financial year.
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