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Listing Number: 3850
Summary - Thriving New Jersey Tourism Business with 45+ Years’ Legacy
An exceptional opportunity to own a well-established inbound tourism company in New Jersey. Since its inception in 1978, this company has been a trusted name in the industry, specializing in serving Spanish-speaking clients from Spain and Argentina.
Unparalleled Customer Service: Renowned for its exceptional customer service, the company offers convenient airport transfers and immersive private/group tours in iconic destinations such as New York City, Washington DC, and Boston.
Efficient Reservation System: Their proprietary system ensures seamless reservation management and passenger services.
Dedicated Team: Their experienced drivers and guides have been with the company for over a decade, guaranteeing expert guidance and a safe, comfortable travel experience.
The Fleet: The fleet includes five Ford Transit vans and one Lincoln Navigator, ensuring passengers enjoy a comfortable and secure journey.
After an incredible 45-year journey, the current owners are ready to retire, presenting a unique opportunity for a new owner to carry forward the legacy of excellence they have built.
- Category:
- Sub-Category: Other Travel & Transportation
- Asking Price: $1,600,000
- Gross Sales: $1,573,904
- Cash Flow: $605,756
- County: Bergen
- Area:
- FFE: $ 250,000
- Inventory: $0
- Real Estate: $0
- Employees: 8 - Full-Time 5 - Part-Time
- Facilities:
- Relocatable? Yes
- Home Based? No
- Market Notes: The business thrives on strong relationships with tourist wholesalers, who connect it with travel agencies as essential intermediaries. Their online presence, including a user-friendly website and active engagement on social media platforms like Facebook, Twitter, and Instagram, amplifies their reach to individual travelers.
- Growth Notes: With 45+ years of experience and a strong brand, this business is poised for growth:
• Online Sales: Boost revenue by enabling direct online booking through our user-friendly website.
• Diversified Tours: Attract a wider audience by offering specialized tours for various interests.
• International Expansion: Explore new markets in Spanish-speaking countries like Mexico and Colombia.
• Local Partnerships: Collaborate with local businesses for mutually beneficial promotions.
A new owner with a strategic business plan has the potential to grow this business exponentially. - Support Training: The owner offers four weeks of free training to facilitate a seamless transition, ensuring the buyer is well-prepared to continue the business successfully. Additionally, the owner is open to establishing a long-term remote working relationship to provide ongoing support and guidance.
- Year Established: 1978
- Financing Terms: Not available
- Reason for Selling: After 45+ years in business, the owners are looking to retire
- Inventory Included: No
- Is Franchise No
- Lender Prequalified No
- Absentee Owner No
- Selling Financing? No
- Is FEE Included? Yes