Tour Operators for sale in London

View the "Specialist Tour Operator Wholesaler to the B2B UK & European Travel Market" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Specialist Tour Operator Wholesaler to the B2B UK & European Travel Market

London, England

  • Leasehold Price: £500,000
  • Annual Turnover: £575,000
  • Annual Gross Profit: £72,165
Seller Reference: GP221
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Business Description
 
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Seller Reference: GP221
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Business Description
Established in 2013, the business designs and sells culture related travel products to the UK and Europe. It is a specialist wholesaler which supplies ground breaking travel products and services. The core business is to serve the fast-growing business-to-business travel markets.

Travel products include

• Series and tailor made leisure tours
• Student culture tours and summer holidays
• Fully independent travel
• All in one travel services

The business is working with large Chinese travel corporations and is the B to B (Business to Business) model. The company is acting as the land operator of UK and Europe for these large travel corporations and is signing up annual contracts and taking purchasing orders from them on a yearly basis. The purchasing order value is various and is for the groups of 20 – 40 Chinese Tourists travelling to the UK and Europe. This business looks after all aspects of the group requirements whilst in the UK/Europe.

This involves movement of the groups from the airport to pre-booked hotels, management of the daily itinerary for the duration of the stay and return travel to the airport. Also the organisation of coach travel, hotels, restaurants, tourist attractions, creation of the itinerary, and being the point of contact to resolve any issues. All international operations are dealt with highly eficiently through the in-house booking system, with fixed and low administration cost.

Currently the business is taking on average under 100 groups per year from clients who are themsleves organising thousands of groups to travel every year. Hence the business volume is guaranteed and can grow in the future with the business acceptance of more purchasing orders.

Currently, the company has over several thousand live hotel and ground supplier contacts and confirmed monthly and annual purchasing orders for 2017.

The business is very competitive in the market, and hold licences which are traceable to the Chinese Travel Administration board. The business is also registered at all European embassies and can provide the documentations to help Chinese applying for a VISA to enter the UK and Europe.
Number of employees:
05
Tenure:
Leasehold
Competition:
The company has not felt the need to advertise. Sales are made direct to travel companies, saving time and cost. The business has an excellent reputation and attracts trade through word of mouth recommendation and referrals.
Support and Training:
The vendors are happy to provide support and training to the new owners to ensure a smooth transition of ownership and trading contacts.
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