Overview
Description
Based in Scotland, the company is a tour operator offering package holidays across the UK, Ireland, and Europe, specialising in unique, all-in-one coach trips to Blackpool that include half-board at a number of hand-picked hotels and coach departure every Monday and Friday all year round.
Priding itself on its exceptional reputation for reliably providing a first-class service, the company achieves a large amount of repeat business and has exclusive, strong, long-standing relationships with many hotels and newspapers for low-cost advertising opportunities.
The business is now being offered for sale to facilitate retirement plans.
Our clients are open to all types of structured deals, subject to terms.
Offers invited.
Key Highlights
– Loyal, long-standing, diverse client base, many of whom book with the company multiple times per year.
– Strong second-tier management team in place that can undertake daily operations and drive business development with no input from the Directors, providing a turnkey opportunity.
– Three new product launches this year, including self-drive breaks, door-to-door services, and three-day weekend breaks, are expected to significantly increase bookings.
– Poised to undertake expansion into new markets and geographic locations for holidays.
– Operates from leasehold premises.
Financial Highlights
– Generated a turnover of £4.4m in YE23 with an adjusted EBITDA of £340k.
– Projected turnover of £5.3m for YE24 based on six months of trading, with an adjusted EBITDA of £700k.
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