Rare Opportunity to Have A Multi awarded travel agency with IATA license
Listing: #OR00430Raffy Salaveria
Broker | Manila-Ortigas Center

About this Business for sale in Makati
Rare Opportunity to Have A Multi awarded travel agency with IATA license
With the expected easing of travel restrictions and resumption of flights when the risks of the pandemic becomes manageable, the industry expects a boom in the travel industry. This is a rare opportunity to own a lucrative travel business with its own IATA license.
This full service travel agency is a member of International Air Transport Association (IATA) and in partnership with an online portal and an established international travel partner, provides comprehensive Travel Services and Hospitality for Individual and Group Travelers since 2013.
It is a one stop travel agency that offers the complete range of travel related services. Apart from ticketing (both International and Domestic), they excel in designing tour packages for Inbound and Outbound tourists. Special rates for OFWs, Seafarers and Immigrants; Visa Assistance and Insurance.
This IATA licensed travel agency has been servicing many agencies (that are not IATA licensed) deploying OFWs to the middle east for the past 6 years. They have a fully-equipped office on the ground floor in a convenient location in Makati with access to an online travel portal.
The portal enables all services for booking airline tickets, car rental, hotels, tour packages, charter, and others from anywhere in the world. Aside from immediate processing, their agents allow clients to avail cheaper rates by booking tickets immediately to realize price adjustments and savings by accessing the site from their points of origin.
Reason for selling: Owner wants to focus on expanding the services of the online travel portal beyond the travel business
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.