travel agency for sale near me

Travel Businesses For Sale

Interested in Travel Businesses for Sale? BizTrader offers a variety of travel businesses for sale, catering to different aspects of the travel and tourism industry. Whether you’re looking to buy or sell a travel agency, tour company, or other travel-related business, you can find opportunities on our platform. The travel industry encompasses a wide range of services, including travel agencies that help customers book flights, hotels, and vacation packages, as well as tour operators that organize guided tours and travel experiences. If you’re interested in entering or expanding in the travel sector, explore the travel businesses listed on BizTrader to find the right opportunity for you. Sellers can also use our platform to showcase their travel businesses to potential buyers.

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BizTrader emerges as the paramount platform for individuals and entities aiming to either buy or sell businesses. Recognizing the intricacies of business transitions, BizTrader is engineered to streamline and simplify these often complex processes.

For buyers, the platform presents a curated selection of businesses spanning a diverse range of industries and scales. Whether you’re an aspiring entrepreneur looking for a small startup or an established corporation seeking to expand its portfolio, BizTrader offers the breadth and depth of choices to cater to varied investment preferences. Comprehensive listings detail the operational history, financial performance, and potential growth trajectories of each business, ensuring informed decision-making.

Sellers, on the other hand, benefit from the platform’s expansive reach. Listing a business on BizTrader ensures visibility among a vast audience of potential investors, from individual entrepreneurs to institutional buyers. Each listing is optimized for discoverability, ensuring that sellers can effectively communicate the value proposition of their businesses and attract the right buyers. Moreover, the platform’s user-friendly interface allows sellers to seamlessly update details, respond to inquiries, and track engagement metrics, all of which are essential for a successful sale.

Beyond just listings, BizTrader stands out with its integrated network of business professionals. This community includes expert consultants, valuation specialists, and brokers, all available to assist both buyers and sellers in ensuring smooth and favorable transactions. From initial interest to final handshake, these professionals provide invaluable insights, guidance, and support, further amplifying the platform’s value proposition.

In the dynamic landscape of business acquisitions and divestitures, BizTrader’s commitment to transparency, efficiency, and user-centricity sets it apart. It’s not just a marketplace; it’s a holistic ecosystem designed to empower both buyers and sellers, making the journey of business transition as rewarding as possible.

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Looking to Sell Your Small Travel Agency? Here’s What to Do

Travel agency owners can increase the attractiveness of their agency by preparing their business before they put it on the market. Photo: Shutterstock.com.   

If you own a travel agency that grosses more than $3 million in sales annually, and you’ve got solid market share, a diverse business mix and talented employees, buyers may come knocking on your door. But what if yours is a smaller agency? How can you attract potential buyers?   Just as a homeowner takes pains to stage their house to boost its value before putting it on the market to sell, agency owners can increase the attractiveness of their agency by preparing their business before they put it on the market.

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That was among the topics addressed at a workshop on exit strategies during the 2018 annual conference of Travel Leaders Network in Las Vegas earlier this month. The presenter, travel industry attorney Mark Pestronk, was joined by a panel of three industry members who collectively have acquired dozens of agencies in recent years.   Preparing your agency for sale Here are eight steps that agency owners should take in the year before they put their agency up for sale.   1. Don’t sign new long-term contracts. Avoid signing new long-term GDS agreements or office leases, as they make an agency less attractive to buyers. This is Rule #1, Pestronk said. For instance, he explained, if you sign a new contract with Apollo, you could be limiting potential buyers to other Apollo agencies.   Buyers also do not want to be saddled with a long-term real estate lease, particularly in an era when location drives less and less agency volume.

The exception, said panelist Jason Block, managing partner of Travel Equity Partners, is when an agency’s physical location is an important factor in attracting new business. “The key is having good data, being able to document that it is bringing in new business,” said Block, whose travel holding company is in Alpharetta, Georgia.   2. But do sign some types of contracts. There are exceptions to the no-new-contracts rule, Pestronk said. Employment contracts, even those that do not include a noncompete or non-solicitation clause, are worth signing because they make employees less likely to leave an agency after it is acquired. It is primarily a psychological effect, not a legal one, he said.   It is also a good idea to have your corporate accounts sign a contract, even if the contract stipulates that the account can terminate in 30 days. Again, it’s the psychological effect. “Once they sign they are less likely to jump ship once you sell,” he explained.   3. Incentivize your agents to sell more. In Block’s view, the most important step leisure agencies can take in preparing to sell is to put all sales advisors on a production-based compensation plan. “The minute you do, you’ll find that 90-plus percent of them will start producing more. Your business will be more profitable, and it will be more compelling for a buyer.”   Similarly, Pestronk said, owners should redouble their efforts to sell preferred suppliers in order to maximize overrides and increase the bottom line.   4. Make yourself dispensable. If you’re planning to stop working at your agency after the sale, it’s critical to train or hire someone to do your job, Pestronk said. “You need to have staff that is trained to replace you, to be a general manager of your location. Having that talent will make you a very attractive prospect.”   Panelist Dave Lovick, co-owner of Market Square Travel, a Minnesota agency that has acquired 15 to 20 locations in the last two decades, said that for his firm, the top factor in making a purchase is people. “Bringing in good salespeople is a big deal. Our biggest struggle is finding good talent, so if an agency has that, it makes it quite valuable.”   In the same vein, if you are an agency owner who is personally responsible for a large share of your firm’s sales volume, you should change that before trying to sell, advised panelist Tom Carlsen, CEO of Envision Travel Holdings in New York. “If an owner is doing a lot of the sales, you might want to look at farming some of that business out to your employees. It will make your agency a more attractive sale.”   5. Recast your profits. While your tax accountant probably advises you to charge as many personal expenses as possible to your agency to minimize its tax exposure, when preparing to sell you should add those deductions back into your bottom line so you can show a potential buyer your true profit picture, that is, your recast profits, Pestronk advised.   Make a detailed list of all such expenses, including costs like country club dues, personal travel, charitable contributions, any excess rent you pay if you own your location, so you can show it to the buyer. “When in doubt, add it back. Be expansive in making that list. All that will be considered by the buyer as profit,” said Pestronk, emphasizing the importance of this step.   6. Eliminate non-essential personnel and expenses. If you’ve been keeping unproductive employees on your payroll, now is the time to let them go. “Having them on the payroll will make the business less attractive to a buyer,” Pestronk said.   Block also advised sellers to “get rid of any operating expenses that aren’t directly attributable to new revenue production.” Think about the multiplier effect, he said. If you’re going to sell your agency for three or four times its annual profit, if you eliminate a $10,000 expense, that amounts to a $30,000 or $40,000 gain in sale price.   7. Have clear financial statements. Agency owners must keep clear financial statements that can be substantiated and that they understand, said Pestronk, who commented that this is often overlooked by sellers.   It’s important that financial statements be supported, agreed Carlsen, who said he always looks through an agency’s back office systems for supporting documentation. “Make sure the sub-reports are all tied in and that the numbers you’re presenting to the buyer will withstand scrutiny,” he advised.   8. Know when to sell. When is the best time to sell? A year or two after you’ve implemented all of the above steps, because that’s when your agency will be at its most profitable. “Sell at the top,” Pestronk advised.   NEXT TIME: How to find a buyer for your agency, what buyers are paying and more.

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We are an international real estate company situated in Moscow City , and our mission is to help expats find and purchase real estate for sale in Russia. You can use our database to search for all kinds of real estate listings, including rental apartments with excellent views located at the very heart of the capital, penthouses in Moscow’s celebrated residential complexes, suburban mansions and gated community  residences .

We provide a very wide choice of residential properties in those parts of the capital which are known for the greatest prestige; most notably, in the Patriarch’s Ponds area and the Arbat, Ostozhenka and Zamoskvorechye Districts. And if you are interested in palaces , mansions and cottages , we will find for you a selection of property for sale in the most high-status and historically prestigious communities and settlements of Moscow Oblast , particularly those concentrated around the Rublyovo-Uspenskoye and Novorizhskoye shosse. Just send us a request with your requirements!

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Properties for Sale in Russia

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Luxury house 8290 sqft in Vnukovskoye settlement

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Moscow City apartment on the 50th floor

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Mansion 785 sqm in the most expensive place in the Moscow Oblast

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2-room apartment 102 sqm on the 45th floor

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3-room apartment 110 sqm in the north of Moscow

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House 380 sqm 12 km from Moscow

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4 room apartment 203 sqm in the house with a swimming pool

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Modern house 2000 sqm on Rublevsky highway

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Apartment 193 sqm on the 52nd floor in Moscow City

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767 sqm premises for a restaurant in the city center

House 900 sqm 12 km from Moscow

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Business center with a Mercedes showroom

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English-style mansion 8 km from Moscow

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