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GP131-Package Holiday Operator - North London, London £7,500,000 |
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Established by the current owners in 1975, this family holiday operator and coach operator has been successfully supplying bespoke holiday packages to satisfy the needs of an ever-expanding customer base for nearly 34 years. An impressively diverse portfolio of products includes package holidays with accommodation in hotels, lodges and mobile homes, coach company offering trips, holidays and local private hire and self-drive packages also available. In an industry that is traditionally seen as a seasonal operation, year round sales have been achieved by an expansion into the realm of ski holidays. This was a venture entered into after only four years of business following the company’s remarkable success in the summer holiday sector and the acquisition of their own resort hotels.
The business currently operates summer tours to Spain, France, Italy, Austria and the French Alps and supplies ski packages in the winter months to both France and Austria, from their own coach company. In the summer of 2008 alone the business supplied nearly 6,000 satisfied customers. Built up from scratch, the business has enjoyed continuous growth and maintains a highly respected brand name. |
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Potential: |
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The current owners recognise that there is considerable potential for expansion that has been left unexplored. Although the business has built a reputation based on its superior knowledge of the existing product portfolio there is definite room for the expansion of operations to include a variety of different holiday types and locations. These ventures offer the potential for the same amount of success that was enjoyed following the early decision to offer snow holiday packages. |
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Lease Details: |
Three-storey office building with underground parking centrally located in St. Albans and within a five minute walk of the train station. Rent is currently £70,000 plus £23,000 rates per annum.
Coach yard, workshops and office located in Watford. Rent is currently £70 / 80,000 per annum. |
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