Adventure Sailing Travel Company

Expressions of Interest By:

Offers Invited



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Project Chichester

Hilco is delighted to offer for sale the Company or business and assets of Project Chichester (“Project Chichester” or “the Company”), an established adventure sailing travel company providing exceptional holiday experiences around the globe. The business offers an excellent opportunity either as a standalone company, with scope to scale existing operations, or as a bolt on to an established operator in the travel sector.

Market Opportunity

  • The global adventure sailing market is calculated to be worth $2.5bn with a projected CAGR of 17% through to 2032. This equates to approximately 6,000 independent sailing vessels, with 1.8m berths available each year.

Business Overview

  • Delivering outstanding sailing adventures worldwide from ocean passages, artic trips, sailing races, cultural tours via boat, to adventures incorporating other activities and sports.
  • Operating a central digital platform enabling customers to find the most innovative and unusual itineraries in one place with online booking and secure payment services.
  • Existing strong relationships with both boat owners and hand-picked local travel operators.
  • Long established team with in-depth knowledge and insight into adventure holidays.
  • Excellent customer Trustist review ratings with the Company having 36% repeat customers.
  • Database of c.30,000 contacts with 15,000 followers on social media.
  • Wide media coverage in both national travel and sailing press.
  • Turnover for year ended 30th April 2023 c.£945,000.

Company Assets

  • The Brand – An established brand name in the adventure holiday marketplace with associated logos and trading style.
  • Website and Domain Names – Copyright in website content and domain names.
  • Customer bookings and pipeline – The existing and potential bookings.
  • Customer and supplier databases – Extending to c.30,000 contacts.
  • Social Media Accounts – Facebook and Instagram with 15,000 followers.

Sale Process and Further Information

All bids are to be directed to Hilco in writing. Please contact Hilco to gain access to a virtual data room of further information on signing a confidentiality agreement.

Terms and Conditions

No warranties, express or implied, are provided in relation to any information or statements made in connection to this opportunity. The information contained herein, and within the project dataroom, has not been verified by Hilco and prospective purchasers must undertake their own due diligence to satisfy themselves as to the accuracy of all such information and any statements made. Hilco’s full Terms and Conditions apply.  Hilco acts as agent for the Vendor who offers for sale only such right, title and interest the Company possesses in the assets.

Contacts

Anthony Hart MRICS

Associate Director

London Office

+44 (0) 7513 822654

ahart@hilcoglobal.eu

Roland Cramp MRICS

Managing Director

London Office

+44 (0) 7710 152668

rcramp@hilcoglobal.eu