MergerPlace

Full range travel & activities company

Hawaii


  • Asking Price: $283,500
  • Gross Income: $334,907
  • Cash Flow: $102,564
  • Real Estate: Not Disclosed
  • Inventory: $10,000
  • FF&E: $115,000
  • Listing ID: #211266
  • Established: 2012
  • Employees: 5

Business Description

This full range travel and activities services company in Hawaii is for sale due to the relocation of the owner. They have been in business in Hawaii since 2012 and have grown the revenue and the scope of the business significantly since then.

They have four overall lines of business:
1. They sell activities, tours, accommodations, car rentals provided by other companies on a commission basis
2. They offer tours on Personal Transporters in one of Hawaii most historic locations.
3. They have a retail store for the management of the company and to sell a variety of consumer items to tourists.
4. They offer high-end tours on a Mercedes Benz Sprinter to a variety of locations.
Activity Sales: The company is contracted with 50 vendors and sells over 150 activities on a commission basis.

Personal Transporters: They own 16 Personal Transporters and provide a great variety of tours with this exciting device in a historic Hawaii locale.

Retail Store: They manage their business out of this relatively low cost 1,200-square foot retail store which is designed with beautiful handcrafted furniture and décor. At this store they offer a line of tourist related retail goods and souvenirs.

Company Hawaii Tours: To add another growth vehicle, they acquired a State of Hawaii PUC license (which allows them to carry up to 25 passengers) and acquired a Mercedes Benz Sprinter which holds 14 passengers and began giving six private “high-end” tours in 2018. This new service is going very well.

Sophisticated Marketing: They have two very effective state of the art web sites, which have shopping cart and automatic reservation capabilities, which accounts for about 70% of total sales. They also have other activities sellers sell their tours, to whom they pay a sales commission. As of November 2018, they had contracts with about 45 companies, such as Holland of America Cruise Line, Seabourn, Carnival, Princess and all local concierge services. They are working on the contract with Norwegian and Royal Caribbean and Celebrity cruise line for year of 2019.

Since 2012 the Company has been awarded the “Trip Advisor” Certificate of Excellence award seven years in a row.

In 2017 the Company had sales of over $334,907 which generated $102,564 of owner’s cash flow (“Seller’s Discretionary Earnings”).

The Business is being offered on a turnkey basis. This is a great, fun and easy to run a business that generates good cash flow and growth opportunities and provides a great way to live in and enjoy Hawaii.

Contact us for a very detailed Confidential Business Profile for this exciting company.


Business Details

Primary Business Category: Services - Other Services
Location: Hawaii

Company Information

Year Established: 2012
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 5

Financial Information

Asking Price: $283,500
Gross Revenue: $334,907
Cash Flow: $102,564
FF&E: $115,000
Inventory: $10,000
Seller Financing Available: No

Property Information

Facilities:

Low cost leased retail and operations facility close to customers

Growth & expansion opportunities:

Great expansion opportunities

Reason for selling:

Relocating

Support & Training:

2 weeks.

Contact Business Seller

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Business Listed By:

Tom Caltrider

Hawaii Business Sales