Team Sports Housing Agency

team sports housing agency for sale in okanagan area

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

BUSINESS ASKING PRICE

$229,000
* SDE - Seller’s Discretionary Earnings
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Okanagan, BC