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    Travel Agency Business

    Description

    L#20240775

    This established travel agency, founded in 2014, provides a wide range of tourism services and has built a strong reputation in the Saudi and GCC markets. Led by a team of experienced industry professionals, the agency has secured a competitive market position with high sales rankings in collaboration with major airlines.

    Key Details

      • Issuance of international and domestic airline tickets.
      • Hotel bookings, transfers, travel packages, and cruise arrangements.
      • Visa processing for a variety of countries.
      • Issuance of international driving licenses.
      • Franchise opportunities available.
      • Significant potential for expansion and increased sales with the right support.

    Market Position and Performance

      • Holds approximately 4% market share in the region.
      • Consistently ranks among the top 3 in sales with certain airlines.
      • Experienced growth in sales post-pandemic despite a lower profit margin compared to sales volume.

    Competitive Advantages:

      • Strong partnerships with airlines in Saudi Arabia.
      • Skilled team with extensive industry experience.
      • Operates both wholesale and retail travel services.
      • Excellent customer base and reputation within the market.

    Opportunities for Expansion:

    • Strategies in place for business growth.
    • Opportunities to expand the customer base and add new services.
    • Potential to develop specialized tourism services in new areas.

    Included with Sale

    • Established customer base and ongoing contracts.
    • Expert team available to assist after the sale.
    • Business relationships with suppliers and a bank guarantee totaling 1,969,000 SAR.

    Basic Details

    Target Price:

    $3,000,000

    Gross Revenue

    $12,298,208

    Business ID:

    L#20240775

    Country

    Saudi Arabia

    Detail

    Business ID:L#20240775
    Property Type:Services
    Property Status:For Sale
    Target Price: $3,000,000
    Gross Revenue:$12,298,208
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      This established travel agency, founded in 2014, provides a wide range of tourism services and has built a strong reputation in the Saudi and GCC markets. Led by a team of experienced industry professionals, the agency has secured a competitive market position with high sales rankings in collaboration with major airlines.

      Key Details

      Market Position and Performance

      Competitive Advantages:

      Opportunities for Expansion:

      Included with Sale

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