 | Independent Travel Agency South Wales, United Kingdom Advert ref: TA.0.59.W Business description
A fully bonded travel agency, part of a nationwide network of independent agencies offering holidays, sports tours etc. The business is in an enviable position of being almost rent free, with the rental income from sub-let offices almost equal to the rent payable.
Years established: 2
Employees: 1
Trading hours: Mon - Sat 9:00am - 5:00pm.
Property: Leasehold
Lease terms
The premises are held on the balance of a 5 year lease from May 2004. The current rental is £20,800 PA.
Note The sub-let offices raise £20,000 PA.
Location
Part of a complex of 9 retail & commercial units in a very busy commercial & industrial area on the outskirts of the town
Expansion potential
Sales for the first 3 months of this financial are 74% above the previous year.
Support & training
as required
Reasons for selling
Pressure of other business interests.
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| | Financial details Asking price: £59,950
Sales revenue: £390,868
Net profit: < £100k
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed |
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