B2B Destination Management Company – Africa

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Project Escape -Under Offer

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.