B2B Destination Management Company – Africa

Project Escape

The opportunity exists to purchase the business or specified assets of a long-established ground handling tour agent specialising in luxury holidays throughout Africa and the surrounding islands.

  • High end unique and bespoke itineraries
  • Average file value c. US$ 74,000
  • Established worldwide client base
  • Experienced team (all staff operate as independent contractors)
  • Significant order book: forecast turnover 07.22 – 06.23 c.$18m
  • 2021/22 (07.21 – 06.22) turnover c.$9m
  • Profitable business
  • Assets available for sale comprise the order book, company name, goodwill, web domain/website
  • The supplier / customer databases are held by a third party consultancy operated by the CEO

Note that senior management including the CEO do not intend to work with a purchaser and intend to establish a competing business.

The company is solvent with no debt, is registered in a central American country, and it is envisaged the transaction will be an asset only sale on approval from the directors.

SALE PROCESS AND FURTHER INFORMATION

On receipt of a signed non-disclosure agreement (NDA) access will be provided to a virtual data room housing additional information. To access the NDA please click the link, sign and return via email to nhughes@hilcoglobal.eu and ahart@hilcoglobal.eu

CLICK HERE TO DOWNLOAD NDA

Contacts

Nick Hughes MRICS

Senior Director

London Office

+44 (0) 7979 541238

nhughes@hilcoglobal.eu

Anthony Hart MRICS

Associate Director

London Office

+44 (0) 7513 822654

ahart@hilcoglobal.eu