Description

The company is an International Air Transportation Association (IATA) approved and licensed seller of travel related services. The company specializes in corporate travel management for large, national and international entities across numerous industries.

Key Aspects
· Conducted over 86,000 bookings in 2015 worth an aggregate $54.5M
· Compound annual growth in net revenue of 21.3% from 2011 through 2015
· Ability to provide services in 75 countries across the globe through its well-established network of reputable partners and multilingual agents
· Currently provides services to over 500 individual active clients
· 95% client retention rate
· Utilizes industry-leading technology to increase efficiencies and cost savings for clients
· The company leverages its buying power to successfully negotiate competitive rates from top airlines, hotels, cruise lines, and car rental
providers

Opportunities
· Infrastructure in place to scale the business and target larger client accounts
· Two international offices give the company a physical presence in Latin America to build upon
· Increase marketing efforts to actively seek out additional clients
· Expansion of current ancillary lines of business to increase client spend and market share

Market Currently Served
Domestic and international corporations across various industries, including technology, legal, pharmaceutical, manufacturing, finance, hospitality, and entertainment

Real Estate
The 6,000 sq. ft. headquarters is located in Miami-Dade County, Florida. The company also leases two branch offices, one in Brazil and one in Mexico.

Shareholder/ Owner Objectives
The shareholders are open to a full or partial sale of four related entities. The management team is excited to remain with the company following the sale to accelerate growth.

Posted Jul 18, 2016

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