Tour Operators for sale in York

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John Peacock (Feb 2017)
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Asking price: £135,000 Annual Turnover: £110,000 Annual Net Profit: £25,000
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Business Description
A very well regarded, successful and growing tour business operating scheduled, small-group, Day Trips and Private Tours within Yorkshire (mainly from York) with a strong online sales and social media presence, supported by a network of local and international online sales outlets.

The company was established in 2010, initially operating extended tours of the UK. 2018 is it's fourth year of focusing entirely on Day Trips and it is the local market leader with the top rating on TripAdvisor. Passenger numbers on scheduled trips increased from 900 in 2015 to 2850 in 2017 and are expected to exceed 3000 in 2018.

The Balance Sheet Capital and Reserves at 31/12/17 amounted to £51,000 (mainly comprising cash and the written-down values of two fully owned 16-seat Minicoaches and the Website). In addition, the company has Tax Losses amounting to £193,700 brought forward into 2018, arising from trading up to 2015. The company generated profits in both the last two financial years (£10,000 in 2016 and £22,500 in 2017), has cash in the Bank and no borrowings or debt. Profit in 2018 is expected to exceed £25,000

The company holds a Standard National PSV Operator's Licence, has all the necessary operating systems and has three employees - Qualified Transport Manager/Driver Guide (full-time), Driver Guide (part-time as and when required) and Guide (part-time as and when required). The current owner carries out all the admin from home so the business is very easy to relocate.

50% of bookings come direct through the company's own online booking system, with the rest coming from other commission based sales outlets.

With the current owner looking to retire but happy to assist with the handover of goodwill, the business provides a superb platform for a new owner to further develop (or operate as a seasonal lifestyle business) and is offered on a full share transfer basis.
Number of Employees: 1-5

Location Details: Operated from home, easy to relocate.

Is this business relocatable: Yes

Is this business home based: Yes


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