Tour Operator for Sale in Miami Beach
World famous South Beach, Miami Beach Tour guide business in the epic center of world, Miami Beach, where world comes to play and have fun. This tour business has been established for over 18 years and been operating profitable with sales over $1M annually. The family-owned Tour Guide business holds all the necessary commercial and marina licenses and operates 7 days a week.
Type of business: tour operator, travel agency
The business is very well established, with 80% of online bookings coming directly from the company website. In addition, the company has partnered with the leading online tour booking companies, combining advance reservations of 12 months ahead. The company is well received by the City Miami Beach and its visitors with strong Google reviews and is often sold-out during off season, but always sold out during their peak season. The company has a strong social media presence in Face Book, Instagram, YouTube and gets tremendous positive reviews online. The growth potential is expeditiously strong with projected 25% revenue increases for the next 5 years. Miami Beach is family and business world-class destination, and entertainment is the key economic factor in Miami Beach.
Asking price
$4,500,000
This is a key turn business, over the past 18 years of operating this business, everything has been well thought out, office space, holding yard, passenger safety, quality controls, training manuals, on staff mechanic, reserve parts and equipment for keeping all the passengers safe and vehicles operating as of new. Each tour vehicle accommodates 49 passengers plus staff. The new owner will have the option of being trained during the transitional period to assure new owners a winning and positive post-closing period.
Key financial facts and forecast
The business is very well established, with 80% of online bookings coming directly from the company website. In addition, the company has partnered with the leading online tour booking companies, combining advance reservations of 12 months ahead. The company is well received by the City Miami Beach and its visitors with strong Google reviews and is often sold-out during off season, but always sold out during their peak season. The company has a strong social media presence in Face Book, Instagram, YouTube and gets tremendous positive reviews online. The growth potential is expeditiously strong with projected 25% revenue increases for the next 5 years. Miami Beach is family and business world-class destination, and entertainment is the key economic factor in Miami Beach.
Pictured above: Profit Forecast
Pictured above: Business Value graphed against Cost of Equity
Reason for selling
The business was established as a family venture and now have decided to retire.
Required buyer qualifications
Buyer most have liquid funds or eligible to able for commercial loan, SBA or have an 401K that can roll capital into a 401K ROB account.
Category: Business | Tour operator
Updated on
Located in Miami Beach, Florida, US
