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Canadian Receptive Tour Operator (est.1975) for Sale

$450,000.00 (Cdn)

Canadian Receptive Tour Operator (est.1975) for Sale
Business Location: British Columbia
Postal Code: V5Y
Relocatable: Yes
Business Categories:
Transportation & Travel
Education & Training
[Business Summary]
A well-established receptive tour operator with 40 years of successive tour operations, with the head office located in Vancouver and sales office in Japan.
Main business operation is tour arrangement services for Japanese travel agencies(can be expanded to other market) We arrange sightseeing, technical visit, incentive, educational tours in various regions in Canada all year around. The company has a special division that handles educational tour for Japanese student groups, cross cultural and sport exchange program and homestay/farmstay programs all across Canada.
The company has established an excellent long-term working relationship with many travel Japanese agencies

in 2015, Gross revenue was $2,512,000 with gross income of $519,000, after-tax net income $80,000 (presently no bad debts, so CA$100,000 can be expected)
In the past 5 years, a continuous positive net income averaging $60.000.
Financial statements are available for review

Market Outlook:
Competition: The company historically put focus on a high-end tour operations and a repeat client business. There are a several receptive tour operators in Canada. Most of these operators are the subsidiary company of a major Japanese travel agencies.
Some of those agencies use the service of our educational tour arrangement service .
Major competitors are a couple of other tour operators, but a competition is not an intense in nature.

  -  INCLUDED  in  the  Price  -  

  • Shares Sale: Present employees continue carrying out the business.
  • Retiring owner can agree to work 1 yr, transfer a business know-how

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