Conglomerate of Adventure Travel App Brands For Sale
Asking Price: | $17,500,000 |
Established Year: | 2022 |
20 Consolidated Brands for $17,500,000
FOUNDERS ARE FOCUSING EFFORTS ON THEIR LEGACY BUSINESSES – INCREDIBLE OPPORTUNITY FOR A:
• Digital Marketing Company
• Travel Company seeking acquisition for growth
• Family Office or Operating Entity seeking to expand portfolio
• Entrepreneur with experience in Travel and/or App Management and deployment
Offering: $17.5 Million Sale price includes all assets, brands, operating entities, domains, intellectual property, implementation team, operations team, acquisition to be sold as an ongoing concern
Due Diligence: A third party consultancy firm was hired to complete a full due diligence and sale prep package which included: Business model, 334 business attributes due diligence checklist, License confirmation; 5-year business plan for expansion; Pro forma; valuation; historical financial review; market comparisons.
Summary: Current Valuation of the consolidated companies is $23.5 Million. The assets are being sold at a 25% to attract the right buyer with knowledge and experience to gain traction and build the brands
Current Management:
Management may be negotiated for up to 1-year for onsite transition (Combined 105 Years Management and entrepreneurial experience).
Industry Comps: Up to 12 concept-relevant comparable companies, and 10 non-direct comparable companies with full comparison available upon signature of non-disclosure agreement.
Data room: Pro forma, valuation, business plan and data room are available post NDA.
Virtual Data Room with supporting material available to qualified buyers