Business Details
Company Profile
Listing ID: VANCOBC002-N454
Location: Okanagan Area, BC
Business History: Approximately 20 Years
NAICS: 561510
Industries: Travel Agencies
Business Highlights
- Longevity of the business
- Partnerships formulated with both hotels and tournaments
- All season business
- Flexibility to work from home or remote location
- Established reservation and accounting system
- Trained staff
- Owner willing to stay on during transition upon agreed terms
This business is a team sports housing agency that specializes in providing a one-stop service to sports team travel and housing at organized sporting events across North America. By providing a free service to sporting teams and events, the business secures hotel room allocations which become the sole and preferred allocation to the event and its participants.
The business has created and implemented a unique and industry wide recognized service philosophy that allows clients to travel and focus on the event without the worry of hotel reservations and other affiliated distractions. Founded 20 years ago, the business has maintained original ownership and steady growth in a sports related travel market that accounts for more than 97 million room nights annually.
Type of Sale: Share Sale
Operational Balance Sheet Includes: Furniture, Fixtures & Equipment / Goodwill / Normal NWC
Normal Net Working Capital: $34,000
5-Year Weighted Average
Revenues: $425,000
SDE*: $102,000
2018 Projections
Revenues: $450,000
SDE*: $128,000