Ad ID: 76572

Tourism Business for Sale Queenstown

Queenstown & Lakes -  Loyal & Repeat Clients -  Barriers to Entry

Location:
Asking:
$195,000

Business for Sale Description

Tourism Business for Sale Queenstown

The Business

This business currently generates around $500k + GST of sales with around 25% dropping to the bottom line for an owner operator (who only really works an FTE role for 6-8 months of the year). Trading is increasing and there remains scope for further improvement. A working owner is supported by employed Tour Leaders and a part time administrator. The brand is well known, highly regarded, and has enjoyed “first mover advantage” with its core trip. Additional tours have been added and are growing strongly. The business is seasonal with only limited owner input required in the autumn & winter seasons. The diverse nature of the trips offered together with their absolute appeal to the target market reinforces the fun, scenic splendour and exercise-oriented nature of the business.

Trips/Activities

There around 30 fully support cycle tours per season, with up to 10 clients per tour. Tour leadership is provided by willing employees who thrive with the nature of the activities being undertaken, and the reputation of this business is such that acquiring Tour Leaders has not been an issue. Competitive Advantage Ensured by way of:

• “First mover” advantage ensuring continued availability of limited accommodation resources

• Defined activities with high brand equity and returning client loyalty

• High value of Plant & Equipment (~$110k book value) that is absolutely “fit for purpose”

• Exceptional processes & systems, ensuring a seamless transition and comprehensive client experience

Business Resources

The Buyer

The current owner is seldom required to Tour Leader and their role is primarily sales and admin based. This role is very part-time in the “off season”, but increasingly busy during the spring & summer months. An enjoyment of outdoor pursuits would add to their job satisfaction, but the key attributes needed are a love for the resources the region has to offer, and a passion to ensure clients are 100% satisfied. The systems inherent within the business ensure that both the owner and staff remain hugely productive and ensure they can optimise their clients’ experience.

This business has been incredibly well structured and provides an established platform for growth; with the added bonus of being cashflow positive from Day 1.

Sale Price $195,000 Net Surplus $125,000

Interested In This Opportunity?

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Tabak Business Sales (Christchurch)
For more info
Contact:

Kevin Peterson

Kevin Peterson
021 955 834 or 03 3777 491
Phone: Kevin Peterson 021 955... or 03 3777 491
Tabak Business Sales (Christchurch)
Licensed REAA 2008
Broker Ref: CHCH ref

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