Travel Agencies for sale in Manchester

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Travel Agency In Greater Manchester

Manchester, Greater Manchester, England

  • Leasehold Price: £48,000
  • Annual Turnover: £624,000
  • Annual Gross Profit: £561,600
Seller Reference: 6519
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Business Description
 
 
 
 
 
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Seller Reference: 6519
Request Details
Business Description
Established 2007
Annual Turnover £624,000
Gross Profit £561,600
Relocatable - Potentially Run From Home
New Lease Offered If Preferred
Member Of Global Travel Group
3,000 Strong Customer Database
Handover Period Offered
EPC - F
REF 6519 – Leasehold/Relocatable Travel Agency

Blacks Brokers are pleased to bring to the market this leasehold/relocatable travel agency currently located in a bustling and much sought after area of Manchester, Greater Manchester.

INTRODUCTION

The business has been trading since 2007. Our client established this business to meet local demand for a business of this type in this busy area. The business has gained a large database of over 3,000 repeat customers both from the local area and online due to the comprehensive website and online presence created. This exceptional online presence means a new owner may wish to relocate the business to a home office or existing office. Our client has ensured the business has gained a superb reputation and there are many excellent reviews noted on Google and Facebook. The business offers ATOL Protected packages and is also a Member of Global Travel Group.

LOCATION

The business is currently positioned close to Manchester City Centre and Mancunian Way. Other businesses in the area include small independents as well as large multiples such as Asda. Manchester Royal Infirmary is also nearby along with The University of Manchester. Public transport links here are excellent and there is parking for three vehicles immediately outside the shop.

REASON FOR SALE

The business is offered for sale due to our client's wish to retire and will be suited to a hands-on owner-operator or team to take the business to the next level.

LEASE

The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. A new lease will be fully negotiated with the business sale. At present, this runs at a cost of only £144 per week.

BUILDING LAYOUT AND DESIGN

The business operates from the ground floor of a mid terraced property within a parade of shops and other businesses. The space comprises of an open plan office for three, toilet and small kitchen.

STAFF

The business is currently operating with our client working on a full time basis with the support of two full time members of staff. The staff are both reliable and experienced with good relationships in place with repeat customers. Our client will also offer a handover period to ensure a smooth transition and continuity of success for a new owner.

FINANCIAL DETAILS

The business has traded solidly since opening. We are advised that the business currently has annual turnover of £624,000 with gross profit of £561,600. Full financial details are available upon viewing.

BUSINESS RATES

Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This leasehold business is well established and occupies an enviable trading position. It could easily be relocated due to its online presence and customer base. There is plenty of scope to develop the business further with the introduction of more marketing, new opening hours and a strong focus on website and social media sales and offers. Early viewings are strongly advised. Fixtures:
Desk

3 x PC's

Counter

Chairs

(Office equipment)
Trading hours:
Mon - Sun - 10am - 6.30pm
Tenure:
Leasehold
Location Details:
Manchester
Leasehold Term:
£144 Per Week
Listed by:
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