Travel Agency in Saudi Arabia

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Saudi Arabia
Tourism
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8
  • Travel Agency in Saudi Arabia
  • Travel Agency in Saudi Arabia
    Travel Agency in Saudi Arabia
  • Revenue (year) 12,298,208 $
    903,168,098 ₽
    Profit (year) No data
    Payback (mon.)
    Description

    This established travel agency, founded in 2014 in Saudi Arabia, provides a wide range of tourism services and has built a strong reputation in the Saudi and GCC markets. Led by a team of experienced industry professionals, the agency has secured a competitive market position with high sales rankings in collaboration with major airlines.

    Key Details

    • Issuance of international and domestic airline tickets.
    • Hotel bookings, transfers, travel packages, and cruise arrangements.
    • Visa processing for a variety of countries.
    • Issuance of international driving licenses.
    • Franchise opportunities available.
    • Significant potential for expansion and increased sales with the right support.

    Market Position and Performance:

    • Holds approximately 4% market share in the region.
    • Consistently ranks among the top 3 in sales with certain airlines.
    • Experienced growth in sales post-pandemic despite a lower profit margin compared to sales volume.

    Competitive Advantages:

    • Strong partnerships with airlines in Saudi Arabia.
    • Skilled team with extensive industry experience.
    • Operates both wholesale and retail travel services.
    • Excellent customer base and reputation within the market.

    Opportunities for Expansion:

    • Strategies in place for business growth.
    • Opportunities to expand the customer base and add new services.
    • Potential to develop specialized tourism services in new areas.

    Included with Sale:

    • Established customer base and ongoing contracts.
    • Expert team available to assist after the sale.
    • Business relationships with suppliers and a bank guarantee totaling 1,969,000 SAR.

    The information in the catalog is not an exact offer. The parameters of the deal are specified during negotiations with the seller.

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    Price
    3,000,000 $
    220,317,000 ₽
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