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Tour Operator for Sale in Cairo, Egypt

For Sale: 70-year-old travel company with owned cruise ship and 3 ports on the Nile.

Established 60-70 year(s)
Employees 100 - 500
Legal Entity Public Limited Company
Reported Sales USD 80 thousand
Run Rate Sales USD 80 thousand
EBITDA Margin 30 %
Industries Tour Operators + 1 more
Locations  Cairo
Local Time 11:08 PM Africa / Cairo
Listed By Management Member
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 13 million (Native Currency: EGP 200,000,000)
Reason: This is a family-owned business and the family is getting older and not interested in continuing wit... View More
Includes physical assets worth USD 10 million
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Business Name
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Business Overview

- Group with 3 companies for travel, transportation, cruises in Egypt.

- Almost 70 years of experience in the travel industry with one of the best reputations in the market and the most experienced.

- The group owns 3 companies each with a license worth EGP 5 million.

- Group has ownership of 3 ports on the Nile. Almost all ports in Egypt are now owned by the government with only a select few remaining as privately-held ports.

- The group has not been financially sound and thus this is a good opportunity to acquire our high-value physical and intangible assets at a low valuation.

- Buyer gets ownership of the entire group, with all its licenses and physical assets for EGP 200 million.

Products & Services Overview

Group offers the following services through its three entities - travel inbound and outbound, transportation, Nile cruises, airport services, sightseeing and hotel bookings.

Assets Overview

Owned office in Cairo is worth EGP 12 million, land in Luxor worth EGP 60 million in Luxor, another land plot worth 12 million, a cruise ship with 80 cabins worth EGP 22 million, 3 ports on the Nile River, and a fleet of over 15 buses.

Facilities Overview

Headquarters is an owned office of 600 sq. m. in Cairo, 6 rented offices in Cairo; over 9 owned offices around Egypt.

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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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