Overview
Description
Anderson Shaw are pleased to be able to offer for sale a bespoke UK based tour operator, with full ATOL protection, which offers luxury five star holidays to high and ultra-high net worth individuals and their families.
The company’s knowledge and experience of the destinations in which it specialises is second to none and it enjoys very strong relationships with the leading resort operators and experience providers in these locations. These relationships give the business access to exclusive terms and special offers with world class resorts which mean they are often able to offer more competitive deals than some of the largest global players in the travel sector.
This business has recovered well from the huge challenges presented by the Covid pandemic and the subsequent issues arising from the cost-of-living crisis and the war in Ukraine. The business is trading profitability and sales are close to being back to pre-covid levels.
Pre-pandemic sales peaked in 2020 at £2M with profits of £130k and the forecast for 2024 is to return to that level but with improved margins and cost controls implemented during COVID, profits expected to be £270k.
The company has significant potential for expansion by improving its marketing and internal processes and extending the company’s geographic coverage. This growth is being held by lack of resources and specifically because the owner is too busy managing day to day operations to be able to focus on winning new customers and growing the business.
Bringing in additional resource with the right experience and expertise is the main driver for the current owner’s decision to sell all or part of the business. In the event of a sale of 100% of the business the owner is willing to stay involved for an agreed period. The owner is also open to bringing in a partner who would acquire part of the business but also bring the necessary experience and expertise to support the next stage of the company’s growth.
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