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Corporate Travel Agency

S$4,000,000

Enquiry

Call now for discussions

+65 6356 9138

Description

We are a one-stop travel and event solution agency, focusing to serve corporate customers for their local and overseas business trips, conferences and conventions travel, annual dinners, incentive tours, team-building and many others.

We provide Full Services from planning, budgeting, invitations, collating of confirmed delegates, hotel reservations, room allocations, registrations, exhibitions, interpreter services, coordination, implementations, including the delicate handling of invited speakers and international delegates, as well as pre and post event activities for participants.

We have been in the business for 10 years and are extremely profitable, backed by experienced team who have been with the company for many years.

We are licensed by Singapore Tourism Board, a member of NATAS and possess the highly coveted IATA license, which allow us to issue tickets.

Studies suggest that growth of Business Travel in Asia over the next few years will significantly outpace that of other markets. Moreover, Business Travel spending in Singapore grows faster than the world average, forecasted to rise 4.3% to S$17.2b ahead of the 4% globally.

Don’t miss this golden opportunity to own a mature business in a growing industry. Call Now!

Price

S$ 4,000,000 (Includes S$1,378,000 cash and equivalent in the company)

Location

Ubi Area (Central of Singapore)

Revenue

S$8,752,000

Net Profit

3%

Company Type

Private Limited

GST Registered

Yes

Years In Business

Since 2008

Why Did We Set Up

There are great needs for our services

Owners Role

Managing, S$300,000 remuneration per year

Owners Background

Businessman

Our Achievement

IATA License

Our Customer

MNCs and companies from all industries.

Our Competitor

There are 600 travel agencies registered with STPB; however, only few companies can provide one stop corporate travel solution.

Manager

2

Full-Time

18

Part-Time

0

Premise Size

2000sf

Lease Term

Owned by the company

Rental

S$4,500 per month

Trading Hours

9 am to 6 pm

Relocatable

Yes

Reasons For Selling

Strategic buyer to guide the company for the next phase of growth

Cash For Expansion

Nil

Back Up Cash

Nil

Staff Staying

Yes

Training By Owner

Yes

Expansion Potential

Yes