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Luxury Travel Agency

Off-Market

Santa Barbara, CA

Luxury Travel Agency

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Revenue

$4,000,000

Earnings (SDE)

$150,000

Margin

3.8%

Year Established

1998

Listed

30+ Days

Customers

High net worth clientele including celebrities, movie stars, heads of state, billionaires, and corporate CEOs. The company maintains a sophisticated CRM containing hundreds of thousands of client profiles with comprehensive interaction histories.

Customer Acquisition

The company has stopped all advertising and marketing because existing repeat customers continue to book, and current agents are fully saturated with work.

Team

The business downsized from 76 travel agents to 10 travel agents after COVID, reducing monthly overhead from $180,000 to $3,000.

Owner's Role

The business requires a couple of hours per week from the owners, as they have been scaling down the business over the last few years.

Reason for Selling

Both owners (husband and wife) recently experienced health issues and are in their 80s. The owners want to find a buyer with energy and experience in marketing and internet expertise to take over the business.

Contracts

No

Real Estate

No

When Are You Looking to Sell

ASAP

Licenses Required

No

Additional Notes

Revenue is total bookings / package sales.

Business ID: 1595

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