$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 | 3/16/25
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
$144,590
Revenue
$628,084
Down
Call/Email
Posting: 286024 | Available | 1/16/25
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
$208,155
Revenue
$1,132,963
Down
Call/Email
Posting: 290311 | Available | 1/24/25
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
$309,166
Revenue
$1,384,007
Down
Call/Email
Posting: 285619 | Available | 1/9/25
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
$246,437
Revenue
$1,297,272
Down
Call/Email
Posting: 290443 | Available | 2/2/25
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
$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
$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
$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
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
$238,107
Revenue
$1,117,309
Down
Call/Email
Posting: 290444 | Available | 2/2/25
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
$145,238
Revenue
$1,123,529
Down
Call/Email
Posting: 285999 | Available | 2/21/25
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
$250,000
Cash flow
$118,476
Revenue
$892,073
Down
Call/Email
Posting: 290684 | Available | 2/18/25
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
$502,479
Revenue
$2,138,193
Down
Call/Email
Posting: 286512 | Available | 11/19/24
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
$1,050,000
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
$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
$238,668
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
$146,692
Revenue
$786,017
Down
Call/Email
Posting: 286855 | Available | 1/23/25
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
$350,000
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
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