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Listing Id: 14047 Total Views: 15966

(Sold) Profitable Travel Agency & Event Mgmt Business ! Rare ! Call 90670575

Central Area

Date Closed: 11/04/2020

Asking Price: S$5,500,000

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

Retiring

Description

Rarely Available ! For sale is a group of companies focused on satisfaction of customer needs in Tours & Travel, Event Management and Marketing Services.
Recognised as one of the most innovative travel agencies of Singapore in the field of Corporate, Educational and Individual Tourism, the Company has handled tours for multinational corporations, Government Agencies and schools abroad for more than 20 years.
Types of Tours organised are :
*Immersion

*Sports and Musical Exchanges

*Historical, Geographical and Adventure

*Cultural and Discovery Tours

*Team Building Camps and Learning Journeys

*Incentive Trips

Event Kinds being organised :
*Corporate and School Events

*Parties, Dances and Gala Dinners

*Family Days

*Graduation and Prom Nights

Estimated yearly revenue is in a range of $7 to $8 million.

Net margin is estimated to be 8 to 10%.

Potential Buyers need to sign a NDA (Non-disclosure Agreement) for more detailed information of the businesses.

Selling Price asking $5.5 mil (includes one office unit valued at $1 mil approx.)

Interested Buyers pls call Vincent @ 90670575 for a discussion now. Thanks !

Brokers or agents pls do not call !!!!!!!!!!!!!!!


Disclaimer : All the financial figures in the advertisement are estimates been quoted by the Vendor of the business. Buyers have to do their own due diligence to verify the figures. Bradford, Lim & Associates is not liable for any misinterpretation or inaccuracy of the Vendor's financial data.



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