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Travel Agency for Sale in Meycauayan, Philippines

For sale: Philippine travel agency corporation, established and registered for over a decade.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees < 2
Legal Entity C Corporation
Reported Sales USD 60 - 70 thousand
Run Rate Sales USD 203 thousand
EBITDA Margin 0 - 10 %
Industries Travel Agencies
Locations  Meycauayan
Local Time 3:38 AM Asia / Manila
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 34 thousand (Native Currency: PHP 2,000,000)
Reason: We are moving to a different industry. This is the main strategy of the shareholders. To build a sta... View More
Documents
Business Overview
- Established nearly 14 years ago, the company initially specialized in providing inbound and outbound travel solutions for hotels and flights.
-The business has been operating with minimal sales and expenses.
-Located in Meycauayan, Bulacan, just a few kilometers from the National Capital Region (NCR) of the Philippines, where business operations are more cost-effective.
-The owner's primary intention has always been to sell the business after an "incubation period, " during which it would be prepared for eventual sale.
-Throughout the incubation period, operational expenses are kept minimal, and sales are maintained at a level sufficient to keep the business running.
-During this period, the business is considered "parked, " but all taxes and government compliance are meticulously managed to ensure a smooth transition to a new owner.
Products & Services Overview
The business is a 14-year-old SME corporation, registered as a travel agency, and is fully prepared for operation. With established systems, complete business registration, and reliable suppliers, it is ready for new management to take over and assume control.
Assets Overview
Intangible assets: established brand presence, tenure of operation will be an attractive selling point for the new management.
Facilities Overview
We are currently renting an office space of less than 30 sqm.
Capitalization Overview
Currently, the company is primarily funded by its founder and CEO, who owns 90% of the company. Just to keep the business operational until such time it is ready for sale.
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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