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Charter Bus Company for Sale in Yerevan, Armenia

Tour agency with 10+ vehicles that offer tourist transportation services to individual tourists and companies.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 100 thousand
Run Rate Sales Nil
EBITDA Margin 12 %
Industries Charter Bus + 1 more
Locations  Yerevan
Local Time 10:17 PM Asia / Yerevan
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 350 thousand (Native Currency: USD 350,000)
Reason: Seeking retirement from the current business. The buyer can either run the business in Armenia or ca... View More
Includes physical assets worth USD 250 thousand
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Business Overview

- Company has been running a transportation business in Armenia for over 23 years.

- We were a part of a well known logistics company from whom we separated out a year back. We have been running in the market for the past 23 years.

- We offer tourist transportation services for 3 fixed routes and also bus hiring services for companies, tourist packages for sightseeing. The price depends on the routes and packages.

- We have 3 different packages which we run for tourists across Armenia.

- Have a fleet of luxury buses and cars which are used for travel purpose.

- Also, offer rental services to tourists.

- Mainly cater to tourists visiting from Europe, Germany, France, and the USA.

- Sales team takes care of the marketing. Most of our clients are through references and the strong network that we have developed over the years.

- The sales team also approaches different travel companies to whom we rent vehicles.

- Business is operational even during the pandemic. There are no sales as there aren't any tourists during this time.

- Our website is currently under maintenance.

Products & Services Overview

Tourist high class transportation, transfers, sightseeing packages.

Assets Overview

Assets include office, 8 luxury buses, 2 Mercedes-Benz Vito, 2 Hyundai h1, 2 minivans, 1Mercedes-Benz Sprinter. The buyer will also get the entire client database.

Facilities Overview

Office of about 650 square metres owned by the company. Also, have rented parking space which is shared with other operators.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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