$1,500,000.00
Asking Price
Address: Detroit, 48226.
Status: Active
Posting ID: 287354
6/28/24
Description
Born from a love of travel to exotic locales, the Seller has found a unique intersection between an exciting and a lucrative business. He has built a unique business that can be a scalable growth company or a lifestyle business. In this case, the Company plans, organizes, and leads dozens of tours to the Middle East, Africa, and beyond. The specialized tour agency offers educational exotic tours to some of the hardest parts of the world to reach and offers some of the world’s most unusual, non-touristy destinations.
The current owner took over in 1991 when it was a typical mom-pop agency - selling tickets, railway, cruises, and Las Vegas packages. The Company has slowly become an international player, selling packages to exotic places, customizing complex itineraries, and assisting clients to accomplish their bucket list goals of visiting every country on the planet. The Company holds the distinction of helping more travelers complete their mission of visiting all 195 countries in the world than any other tour operator.
The Company has become known for being a reputable operation that has a proven record of repeat revenue and income year after year. With revenue growth averaging 9.8% the last two years and current revenue already exceeding last year, this business is in excellent shape and a great value for a Buyer. More than 70% of customers are repeat, a testament to the Company’s dedication to customer service.
The Seller has enjoyed this career, and the business is ready to transition to another passionate and enthusiastic Buyer who can take it to the next level.
Business location and name will be shared once a qualified Buyer prospect is vetted.
NDA is required to receive a comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities: The Company has a permit to conduct business from the city and has been operating at this location for 20 years.
Most of the staff work from the office on-site in Michigan, but two are remote. Remote operations could work for this business as very few customers are local and walk-in business is non-existent.
The lease term is to be negotiated with the sale. The current lease rate is $1,000 per month and will be raised to $1,200 per month next year. The Seller is open to offering the Buyer a 1 to 5-year lease.
Competition: There are many travel agencies and travel-related companies. However, there is a very small list of companies that employ this unique business model that includes marking up tour fees by $1,000-$5,000 or more per person and providing curated experiences to exotic destinations. This contrasts with the traditional model of relying on small commissions (e.g. $25) per transaction means competitors must have a high volume of business. The Company competes in a select market that allows for greater margins with fewer clients.
Growth & Expansion: Several immediate growth opportunities include scaling within existing destinations, adding more destinations using the same model, and adding additional value-added items to the itineraries. The vast majority of the Company’s business comes from existing customers and referrals, and the company does not pay for any advertising or other marketing. There is an opportunity to capitalize on digital marketing opportunities to expand its reach. Customers can come from anywhere in the United States and beyond and the market size is in the billions.
Financing: TBD if the deal structure and terms are acceptable.
Support & Training: As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.
Reason for Selling: The Seller is ready to retire after 33 successful years.
To get more information about this Group Travel Specialist - Lucrative And Exotic business for sale in Detroit please phone Rick Carlson (Agent - BRE License #:01820673) at 833-776-6682 and -- - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #287354 on BizBen.com. In addition to phoning Rick Carlson, make sure you email Rick Carlson above to get more info about this Group Travel Specialist - Lucrative And Exotic, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01820673. ProNova Partners.
Contact
Phone: 833-776-6682 Phone: -- Details
Asking Price: $1,500,000.00
Down: Call/Email
Cash Flow: $470,000.00
Revenue: $3,700,000.00
Area: Detroit
City: Detroit
Attributes:
My Notes About This Listing
Cash flow
$500,000
Revenue
Call/Email
Down
Call/Email
Posting: 290273 | Available | 4/27/25
Take a BITE out of the pet care industry with five key revenue drivers in one modern facility! Founded in 2009 by a visionary who had spent years in research and planning for an all-inclusive dog care facility, The Dog Stop, has now developed throughout 21 states.
Asking Price
Franchise Fee 49,500
Cash flow
$470,000
Revenue
$3,700,000
Down
Call/Email
Posting: 287354 | Available | 6/28/24
Born from a love of travel to exotic locales, the Seller has found a unique intersection between an exciting and a lucrative business. He has built a unique business that can be a scalable growth company or a lifestyle business. In this case, the Company plans, organizes, and leads dozens of tours.
Asking Price
$1,500,000
Cash flow
$759,639
Revenue
$3,368,737
Down
Call/Email
Posting: 290202 | Available | 3/13/25
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each business comes with (1) truck and (1) experienced driver already in place for each route. Business has seen double digit organic growth since inception.
Asking Price
$1,975,000
Cash flow
$132,374
Revenue
$786,017
Down
Call/Email
Posting: 286855 | Available | 3/26/25
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each business, which is comprised of multiple routes, comes with (1) truck and (1) experienced driver already in place for each route.
Asking Price
$250,000
Cash flow
$208,155
Revenue
$1,132,963
Down
Call/Email
Posting: 290311 | Available | 3/26/25
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each business comes with (1) truck and (1) experienced driver already in place for each route. Business has seen double digit organic growth since inception.
Asking Price
$200,000
Cash flow
$175,920
Revenue
$779,226
Down
Call/Email
Posting: 283974 | Available | 3/18/25
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$350,000
Cash flow
$408,040
Revenue
$2,138,193
Down
Call/Email
Posting: 291270 | Available | 3/25/25
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each business comes with (1) truck and (1) experienced driver already in place for each route. Business has seen double digit organic growth since inception.
Asking Price
$525,000
Cash flow
$416,000
Revenue
N/A
Down
N/A
Posting: 281880 | Available | 11/25/24
Michigan Medical Supply for Sale Established in 2003 Potential for Growth SBA PRE-APPROVED 2023 Revenue: $1.9M Net Income: $416K Oxygen Delivery: 40% Fully Staffed 2 Locations Counties Covered: Saginaw, Bay, Midland, Port Huron, Lapeer, Davison Asking Price: $1.9M Reference Number: 1104
Asking Price
$1,900,000
Cash flow
$118,476
Revenue
$892,073
Down
Call/Email
Posting: 290684 | Available | 3/29/25
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each business comes with (1) truck and (1) experienced driver already in place for each route. Business has seen double digit organic growth since inception.
Asking Price
$475,000
Cash flow
$309,166
Revenue
$1,384,007
Down
Call/Email
Posting: 285619 | Available | 3/25/25
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$500,000
Cash flow
$115,593
Revenue
$1,123,529
Down
Call/Email
Posting: 285999 | Available | 3/25/25
Well-established and highly profitable FedEx Linehaul routes. All routes are contiguous, making load sharing among routes efficient. Each business comes with (1) truck and (1) experienced driver already in place for each route. Business has seen double digit organic growth since inception.
Asking Price
$400,000
Cash flow
$238,668
Revenue
$889,822
Down
Call/Email
Posting: 284531 | Available | 9/16/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$750,000
Cash flow
$123,956
Revenue
$890,725
Down
Call/Email
Posting: 291089 | Available | 3/13/25
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each business comes with (1) truck and (1) experienced driver already in place for each route. Business has seen double digit organic growth since inception.
Asking Price
$375,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285736 | Available | 3/20/24
Michigan-based home health agency. Surpassed the 36-month rule, Medicare certified, presents the flexibility to be relocated to any city within Michigan. No current census. Coverage extends across the entire state of Michigan, offering broad market potential.
Asking Price
$199,000
Cash flow
$144,590
Revenue
$628,084
Down
Call/Email
Posting: 286024 | Available | 3/26/25
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$300,000
Cash flow
$246,437
Revenue
$1,297,272
Down
Call/Email
Posting: 290443 | Available | 3/29/25
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each business comes with (1) truck and (1) experienced driver already in place for each route. Business has seen double digit organic growth since inception.
Asking Price
$200,000
Cash flow
$289,289
Revenue
$863,811
Down
Call/Email
Posting: 281457 | Available | 3/20/25
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$800,000
Cash flow
$238,107
Revenue
$1,117,309
Down
Call/Email
Posting: 290444 | Available | 3/26/25
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each business comes with (1) truck and (1) experienced driver already in place for each route. Business has seen double digit organic growth since inception.
Asking Price
$475,000
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingAll California
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingAll California
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
Chuck Post hosts these live FREE online webinars on Buying A Card or Coin Laundry. These webinars occur every Weds at Noon. Have your questions ready for an open and honest discussion about both the Pro & Cons of the Vended Laundry Business. RSVP or for more info phone Chuck at 619-227-5711 direct.
Start-up costs are typically so high to build a restaurant from scratch that many current owners prefer to look for an existing restaurant that isn't doing so well and customize it as their own - second location. Joe Ranieri gives tips to restaurant owners buying a second location to expand.
In my opinion and experience, an LOI may very well be appropriate for lower middle market transactions of $5,000,000 or more; but, for deals less than that an Asset Purchase Agreement ("APA") with contingencies on the actions of the buyer (and seller) is much more efficient and effective.
What is your goal in 5 years? Do you want to become a business owner? Buying a business can be an exciting, safe opportunity to gain financial freedom. But how to buy the right business? This article will walk you through the process of buying a business.
You have various options for selling your business. You can advertise it on specialized websites, post ads on social media, spread the word among your network, or reach out to local chambers of commerce. As you can see, there are plenty of avenues for selling your business yourself.
To start a business or try something new, starting a franchise business is a great option. In this blog, we'll break down everything you need to know about buying a franchise in simple, easy-to-understand terms. This guide is for business owners, whether experienced or new.
The coin-operated laundry business has undergone significant changes, evolving beyond its traditional model. Laundromats are now transforming into comprehensive "laundry businesses." This shift reflects a broader approach that goes beyond mere self-service coin-operated machines.
Since 2011 we have completed an additional 850+ transactions and in total since 1996 when I founded Restaurant Realty Company, we have completed over $1,000,000,000 (billion) of business and real estate transactions.
The following list is broken down as follows. Stage 1 -- Items you need to do before you sign a purchase contract. Stage 2 -- Items you need to complete after you sign a purchase contract, and Stage 3 -- Items you need to do in order to close escrow.
.jpg?ver=1746045595)
Buying a business is a big step for an entrepreneur to take. This is why utilizing the right business buying services is crucial as you go about your process. In this article, we will break down each service, what they are for, and why they are essential to your buying process.
The coin laundry is an all-cash, necessity of life service business. What could be better? Yet, understanding how the business justifies such a high purchase price is baffling. In fact, many times the value is so misunderstood that it results in investors over-paying. Sometimes grossly over-paying.
One avenue that has consistently shown promise and potential for budding entrepreneurs is the world of franchise businesses. Buying a franchise business offers individuals an opportunity to step into a proven business model, benefiting from an established brand, operational framework, and support.
This live FREE workshop by Cheryl Maloney (San Francisco Business Broker Specialist) is designed for San Francisco restaurant owners who are thinking of selling and would like to know how much their restaurant or bar is worth and how to get it sold successfully. Limited seats, please RSVP via phone.
Today, we see more growth in the white-collar sector than we do in blue-collar entering the laundry business. We are also happy to see a rapidly growing representation of Black and Hispanic investors; women entrepreneurs are possibly one of the fastest growing segments.
This question is bound to come up from a seller to a business broker at one point in their relationship. The truth may discourage a seller who desperately needs to sell, because in all honestly, many times in can take months. All restaurants are different - Joe Ranieri, Business Broker explains.
Seller financing is like the whole grain of business investing. It's very common to use seller financing methods to purchase a laundromat. It's not exactly free; you are still paying money for it. Furthermore, it's the business buying itself for you, especially if you can negotiate 100% seller...
Whether you are just jumping into the business world or have already been dealing with businesses, buying a business requires pre-planning and a strategic approach. Buying the right small business requires a lot of industry research and planning. Particularly if you are new to entrepreneurship...
Are you thinking about buying a business but not sure where to start? You're not alone! Buying a business can seem overwhelming, but with the right steps, you can make the process smooth and successful. In this guide, we'll break down how buying a business works, step by step. Let's dive in!
Although purchasing an established company can be a thrilling and lucrative opportunity, it also requires extensive planning and research. This guide will walk you through what to consider when buying a business, from the first steps of identifying the right type of business to the final stages of s
Cash flow is a great estimate of the sources and uses of cash. Essentially it measures the money flowing into and out of a business, serving a business's financial lifeblood, and indicates whether income exceeds expenses. Positive cash flow, where more money is coming in than going out, is a good s
.jpg?ver=1745817001)
Seller financing is an arrangement where the seller of a business provides a loan to the buyer to cover part of the purchase price. Instead of relying solely on traditional lenders such as banks, the seller be comes the lender, and the buyer pays in installments, typically with interest, over a...
A laundromat needs to be thoroughly looked over before a buyer should complete an acquisition. The income is important of course but, the path forward is even more important. Chuck Post, Laundry Advisor, Due Diligence Consultant offers laundry buyers valuable advice on this BizBen blog post.
Choosing a business broker to sell your business can be crucial to the success of it selling. A broker who you have an exclusive listing agreement with, which I recommend vs. open listing, will essentially be your partner during the listing term in getting your business sold. Joe Ranieri explains.
One aspect that many customers look for in a business today and will most likely moving forward is cleanliness. Overnight cleaning will become more important as we rebuild our businesses and lives, and so janitorial businesses will most likely become essential. Joe Ranieri (Business Broker) shares.
ProIntermediary, Joe Ranieri (Business Broker) shares what buyers are looking for in this unprecedented market. COVID-19 has made curb appeal more important than ever when selling a restaurant. Sellers still have the power to attract buyers in this market with focus of a few key requirements.
To receive the fullest exposure for selling their business, small business owner/sellers should make sure their listing broker or agent is co-operating with other business brokers and agents on their deal. Christina Lazuric a Orange County business broker discusses this topic with BizBen Users.
Laundromats undeniably represent a fantastic business opportunity. They offer high returns and require minimal hours, making them an attractive investment. Even during severe economic downturns, laundromats prove resilient as they provide an essential life service, but why do laundromats fail?
Are you ready to sell your business, but need help in marketing a business listing to possible buyers? Since 90% of buyers want to buy a business online, take advantage of the chance that digital marketing offers to sell your company quickly.
Ice cream shops are a favorite with buyers of small businesses, but many times don't know what to look for when seeking a purchase of a shop. Joe Ranieri and other intermediaries and advisors share their experience and expertise to potential ice cream shop owners. Explore these tips to learn more.
Is a dog grooming business for you? Business broker Joe Ranieri ponders this question with BizBen viewers and answers this question along with other intermediaries and advisors. Some replies cover: brick and mortar vs. mobile, licenses & certifications, maintaining and growing a clientel, etc.
How does the laundromat business look as we enter this changing environment? Is it still as easy to operate a laundry and be profitable? Is it still the American Dream Business that it has been known to be? Yes, but… Chuck Post, Laundry Advisor & Consultant initiates this BizBen Discussion post.
For those who don't know, a non-compete agreement is a contract between a buyer and seller of a business, which after the sale, prohibits the seller from engaging in direct competition with the business they previously sold. Joe Ranieri (Business Broker) adds this topic to a BizBen Discussion Post.
In our BizBen.com June 2021 Monthly Report the top ProIntermediaries and ProAdvisors on BizBen offer their thoughts about the current status of the business for sale marketplace with trends and predictions for Business Buyers, Owner/Sellers, Business Brokers, Agents, Advisors in the near future.
The restaurant business is a tough business to be in, no one can dispute that, and so it's imperative that an owner's equipment is in good working condition. A new owner should make sure that the restaurant's equipment is in good working order before they close escrow. We discuss this topic.
Can a seller of a small business back out of an ongoing escrow? Probably, yes, it all depends how far along the escrow is, which will dictate how messy things will get for both owner & buyer. Joe Ranieri (Southern California Business Broker) gives his feedback with others on this BizBen Discussion.
A point of back ground, back in 2016, California Governor Jerry Brown signed into law an increase to the state minimum wage from $10 to $15 per hour. The increase is gradual and goes up about a dollar a year and maxes out at $15 an hour in 2022. Here is some advice in handling this new increase.
Butcher shops, once a vestige, are increasingly becoming popular again in many metropolitan and suburban cities. In this Discussion Post on BizBen, Joe Ranieri (Orange County & LA County Business Broker) discusses various issues of buying a butcher shop and what that entails for business buyers.
Sometimes business brokers just can't win with their clients, because if an offer comes in too fast & too early then they must have lowballed the price & the seller is suspicious, and if not enough offers come in after putting the business on the market - they may look unproductive to their clients.
We are finding that many laundry buyers and investors are not being given true light to selected elements of value or there are inconsistencies in the interpretation of these elements of value. This common error needs to be addressed. In this BizBen Discussion we address many of those factors.
I've been selling small businesses a long time and I get many call from business buyers who are open to buying something but aren't sure what would be a good investment. I'll get asked what I would buy if I was them and my answer is always the same, "a service-based business". I explain why here.
Changing hands of business ownership can seem both exciting and daunting to all parties involved, but it's important that a smooth transition occurs to maintain or achieve success of the business. Here are some tips I recommend ensuring things go smoothly when buying a California small business.
Pool Halls/Billiards in America, currently is seeing a resurgence, mainly due to pool hall owners catering to a millennial crowd who is growing up with playing pool and other games on their phones and later mingling with others and playing the sport for real. Read about the best tips for buying one!
How do you value a small business before putting it on the market? Tim Cunha, JD offers 6 items all business owners should consider. Other advisors and business brokers also weigh in on this very important topic especially when over 70% of small businesses never end up selling (due to pricing).
As the year winds down, it's tempting for business brokers to go through their old files and throw them out to make room for new client's folders, but that would be foolish. Joe Ranieri (Orange County Business broker) discusses strategies for saving files - a key annual strategy for brokers/agents.
My restaurant recently upgraded its beer with wine license to a full-service liquor license, and if I sell, how much can that increase my selling price? A Southern California restaurant broker specialist initiates this discussion and other advisors, business brokers, agents weigh in on this topic.
What are some reasons a business that was previously on the market with another broker didn't sell? Every broker or agent understands that not every business they list will result in a sale. There can be many reasons small businesses don't sell and many are discussed on this BizBen Discussion post.
Buying a seasonal small business restaurant can be challenging, but Joe Ranieri a business broker restaurant specialist and others in this BizBen Discussion review multiple ways to offset these factors and still get the most from buying and operating a small to mid-sized seasonal restaurant.
Should small business owners/sellers or brokers/agents give potential buyers direct access to past company tax returns and financials (profit & loss statements) either before or pre the due diligence process? Multiple ProIntermediaries and ProAdvisors discuss this topic on this BizBen Discussion.
When buying an Elderly Care Home what should potential buyers always ask the broker or owner before proceeding? Find out in this Discussion on BizBen. Items buyers of elderly care homes will want to know more about why the seller is moving on, average length of stay, placement fees paid, etc.
Every business broker knows that a listing taken is not a listing sold, in fact the ratio of listed vs. sold could be discouraging if you really thought about it. Joe Ranieri (Orange County Business Broker) discusses what you should do if you finally have to close the doors and call it quits.
50% of all California small business for sale transactions fail to complete. Why do businesses for sale fall out of escrow? Joel Miller (a senior care business specialist) discusses his 5 top reason why businesses fall out escrow along with other brokers, advisors on this BizBen Discussion.
When seeking SBA loan financing many potential business buyers have wrong information about the process of securing the best financing to buy a business. Peter Siegel, MBA a business purchase financing expert delves into the myths regarding SBA financing and business purchase financing.
We're hearing more and more about "crowd funding" through sites like gofundme and kickstarter as a possible way to raise the cash needed to buy a small business. This method of collecting funds has proven successful in other kinds of situations. Could this strategy work when buying a small business?
We all understand the idea of paying too much for a small business. But is there such a thing as not paying enough? That seems like an odd notion, but I'm familiar with situations in which a buyer acquired a small business for a figure substantially under what probably was market value.
What are some ways a broker can prevent a buyer and seller from doing a deal behind their back and what to do about it if it happens? Joe Ranieri (Orange County Business Broker) discusses ways a business broker or agent can protect themselves from buyers and sellers trying to circumvent them.
Does the location of an elderly care facility matter when buying this type of business? Joel Miller (an Elderly Care Facility Specialist Intermediary & Consultant) feels it's very important for many reasons - many which you probably hadn't thought of. Before buying a care facility - read this post.
