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Independent Business Travel Management Company For Sale

United Kingdom
Asking Price:
On request
Turnover:
£1M - £5M
Net Profit:
£500K - £2.5M

This innovative company offers a genuine “dual-track” online and offline service, with an experienced team of travel consultants delivering complex, multi-sector solutions to mid-market clients with annual travel budgets up to £1m.
In order to meet the changing needs of the business traveller our client has successfully integrated market leading products into a single platform, enabling them to offer their clients a high quality service comparable to those provided by much larger TMCs.
The business is financially strong, demonstrating year on year average growth of 21% over the last 4 years.
The company has an experienced and motivated team of travel and technical staff and has low staff attrition.
Highlights
• An innovative, high-touch service provider that has successfully leveraged technology to provide mid-market clients with a genuine dual track service.
• Key partnerships with world-leading technology providers.
• Consistent organic growth record rather than through acquisition.
• Active and loyal client base with 89% client retention.
• Excellent staff retention record and recognised for its well trained, motivated and stable team.
• Succession planning in place.
• ABTA, IATA, CAA (ATOL), RTG, and ISO:9001:2015 accredited, IATA PCI and GDPR compliant.
Financials
• Turnover 2018 £4.9m
• Gross Profit 2018 £687k
This well-run company has significant growth potential from leveraging its investment in an advanced technology ecosystem, creating an eminently scalable business.
This is a genuine retirement sale in a business that is not owner-reliant and has a strong management team in place.

Property information

Property:

Leasehold

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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