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UNDER OFFER
Travel Service Provider for International Insurers for Sale

Travel Service Provider for International Insurers for Sale

  • BXB Listing ID :

    1791

  • Type :

    Buy Business

  • Business Type:

    Business

  • Business Name:

  • Country:

    United Arab Emirates

  • State:

    Dubai

  • Area:

    JBR Jumeirah Beach Residence

  • Asking Price:

    5,950,000 AED

  • Projected gross income for next year:

    5,000,000 AED

  • No of Employees:

    3

  • Year Established:

    2007

  • Annual Revenue:

    4,200,000 AED

  • Annual Net Profit:

    1,400,000 AED

  • Trade Licence:

    Free Zone

  • Total Net Assets:

    0 AED

  • Real Estate:

    N/A

  • Reason for Sale:

    Retirement

  • Past financial performance:

    18% growth in revenue in 2019

  • Information on transition to New Owner:

    Transition period available if required
        Travel Service Provider for International Insurers for Sale

      Business Overview

      *We are a transport booking agent for large corporate organisations who have been using our services for over 12 years. *Our business is a family run entity by three members of the family, all of the business is carried out via emails and phone hence it has very low overheads, we started the business in 2007 in the UK and moved it to the UAE in 2017 (business is easily relocatable if desired) *We have managed to grow the business every year for the last twelve years and there is a lot more growth potential. Basic computer skills and good customer service is all that is required. *The business can be run by owner or a management team. *Very profitable business. (over 40% gross profit with an increase of 10% over the last three years) *This is a very reluctant sale however after a lot of thought and persuasion we have decided on early retirement. *We will be happy to provide support if required during handover to allow the new owner/staff time to settle in. *If you have always wanted to work from home or abroad then this is the ideal business.



      Please click on thumbnail to view Teaser

      We offer a professional service to a very niche market and have established ourselves as a reputable supplier in our industry.

      Every industry has competition but ours is limited due to the target market and the extensive services we offer, we have enjoyed continued growth over the last 12 years and there is lots more potential growth, we have already identified and Initiated the process hence the increase of 18% in 2019 (full details of this will be shared with serious buyers).

      Very profitable business. Low overheads. (Consulting Licence costs under 20000 AED per annum) (run with only 3 full time staff ) Relocatable. ( Can work from home or office anywhere in the world) Established for over 12 years. Grown every year for last 12 years and lots of potential growth for the future.

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