Top-Rated Detroit Tour Company

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Price: $2,300,000.00

IBA is proud to represent a top-rated Detroit tour company for sale.

A fun twist on tourism, it offers a 2 ½ hour guided tour of this Michigan city. Tourists of all ages enjoy the experience of seeing the city in an exciting, unique way.

With no physical location and low overhead, this is an extremely fun and easy business model to operate. The Company owns quality equipment, has excellent management and strong relationships with companion businesses, and has an excellent reputation.

As an added benefit, seasonal workload allows for 3 months of downtime for owners while peak season still allows for largely remote work. The business can afford further help if an owner seeks more passive income.

Ample growth opportunities exist for a new owner. The Seller will be rolling out new programs to increase revenue and the utilization rate of their equipment, which has been proven by their existing business in other cities that have increased revenue by over $130k in the first year, providing a clear path for growth.

Now is the perfect time to own a tourism business. A post-pandemic return to leisure activities is prompting a 3.9% growth rate in overall tourism. Millennials are leading the demand for experience-based tours and activities. This business is an ideal blend of both!

 

Investment Considerations

  • Completely relocatable
  • Meets pent-up demand for experience-based tourism
  • Simple business model
  • Minimal overhead expense
  • Low employee costs
  • Highest quality and most reliable equipment on the market with exclusive contract from a national supplier

Real Estate Information

The business is completely relocatable. The Sellers lease two strategically located storage garages. A new owner would need to assume the garage leases or find new storage facilities.

Tourism Company Financial Information

 RevenueEBITDA
2021 $1,396,007 $809,269
2020 $648,395 $340,150
2019 $961,843 $622,877

 

* For more information regarding this Relocatable Experiential Tourism Company  for sale, click the link below. IBA requires a A Non-Disclosure Agreement signature before details can be disclosed**

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  • Reason For Sale : The Sellers are pursuing other business opportunities.
  • Year Established : 2015
  • Location : Midwest
  • Cash Flow : $809,269
  • Revenue : $1,396,007
  • Listing # : N2066

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