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Cuban Incoming Tour Operator And Dmc For Sale

Havana, Cuba
Asking Price:
$3,500,000 (USD) Furniture / Fixtures included
Sales Revenue:
$1M - $5M (USD)
Cash Flow:
$100K - $250K (USD)

The company is registered in the Chamber of Commerce of Cuba. This grants a unique right to the owner of the business to serve other tour operators, directly contract local hotels and governmental service providers operating as Incoming Tour Operator in Cuba. Only approximately a total of 390 foreign companies are registered in Cuba in all sectors (including oil, mineral and commerce companies also), and only a few in the sector of Tourism as Incoming Tour Operator in Cuba. There is a very low number of competitors on the market.

The company owns 27 Cuba tourism related domains, from which operates 6 websites that are well optimised for search engines and provide direct booking opportunity for both private individuals and other international companies that do not have direct representation. The company has an online booking handling and financial software recently purchased in the value of 13K EUR, that is currently being implemented.
The company has dynamically grown and reached 1.5m USD sales in 2016 and keeps this turnover stable in 2017 and 2018.

Due to its activity, there is no working capital financing need, clients are required 20-30 days advanced payment, while suppliers require only 3-7 days advance payment.

If interested please contact the seller through the form on this page.

Property Information

Real Estate:

Lease

Lease Terms:

Yearly contract, renewable

Leasehold Rent:

$7,200 (USD) per annum

Location:

Office building lease

Business Operation

Expansion Potential:

Unlimited options in tourism in Cuba

Competition / Market:

Only approximately a total of 390 foreign companies are registered in Cuba in all sectors (including oil, mineral and commerce companies also), and only a few in the sector of Tourism as Incoming Tour Operator in Cuba. There is a very low number of competitors on the market.

Reasons for selling:

Owner retires

Trading hours:

Monday - Saturday

Employees:
5
Years established:
2009

Other Information

Support & training:

Owner training for 3 months available if requested

Furniture / Fixtures value:
$60,000 (USD) - included in the asking price
Relocatable:
This business can be relocated.

Contact Seller

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