Overview
Description
The company designs and develops online booking systems and other travel technology solutions for customers worldwide.
Throughout its time in operation, the company has developed a comprehensive range of booking systems. This includes cost-effective solutions for travel agents and TMCs looking to enter the online market or seeking to renew their current web-based system,
as well as customised products for specialist retailers and agencies.
The business has also developed a web design division specialising in designing engaging websites for companies.
Our clients are now offering the company for sale to facilitate retirement plans. Offers invited.
Key Highlights
– All products are multi-language and multi-currency, to suit any market.
– Predominantly operates in the travel sector, with 35 active clients, all of whom provide consistent streams of revenue.
– Owns the intellectual property rights to all of its products, including any bespoke development that has been done.
– Strong relationships with partners and suppliers, many of which often provide the business with ongoing referrals.
– Has developed numerous processes, rendering it an ideal turnkey opportunity.
– Operates from serviced leasehold offices based in North West England.
– Experienced and knowledgeable team in place who currently operate on a hybrid basis.
Financial Highlights
– YE23 turnover of £391k, with an adjusted EBITDA of £121k.
– Current YTD turnover shows an increase of 22%.
– Guaranteed annual income of £260k.
– Guaranteed annual income set to increase to £325k by 2025.
Is this business relocatable:
Is this business home based:
Is accommodation included:
Is this In administrative/receivership:
Is stock included:
Listed By:
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