Is your travel agency focused on Corporate, Leisure or both?
THINKING ABOUT SELLING YOUR AGENCY
Advance Preparation and Realistic Expectations are Essential
Key Questions to Expect from Buyers
How many in-house travel agents do you have?
Do you have a IC model and have each signed an IC agreement?
Do you have non-solicitation agreements with your employees?
Do you have a profit and loss statement for the last full calendar year and year to date?
Do you have a current balance sheet?
Start to put together a list of all leases you have; office space, office equipment, GDS, etc.
Do you want to stay onboard after the purchase of your agency and if so, it what role?
What are your top 10 suppliers you sell today?
Does your agency have a niche or specialty?