Tour guide software company in Europe for sale

• Revenue: > 10M EUR
• EBIT: > 10%
• Location of the Tour guide software company: Europe
• Employees: > 100
• Reason for sale: The owners want to grow the company in Europe, therefore are open to listening to interested buyers
• #CFIE ITS180

The company for sale is a well-established player in the market of tour guide software and it developed innovative solutions that brought the tourism business to another level. Its solutions and principles are now used by a large number of clients and partners who recognize the benefits of this technology for their businesses. The company has managed to build a network of franchising and the business is going very well, the turnover has a potential to grow from a year to another with even 30-40%. In the moment it registers revenues of more than 10M euro and the profitability rate is quite high, it is more than 10%. The owner is open to discuss only with strategic buyers that have a large network in the global tourism industry and can grow the sales network of the company.

The company for sale has more than 15 years of experience in the market and has managed to grow the business due to its revolutionary products that made a great impact in the tourism industry. It has created products related to audio guiding and developed several destination applications that can be used from smart devices, products that allow tourists to manage their whole vacation, to personalise the voyage in the most desired form and to explore the new touristic hot spots. Its more than 100 employees work in more than 30 offices worldwide and ensure that innovative systems products help tour operators to organize group tours.

The tour guide systems are functioning as a radio device and are recognized for the high range, quality and battery life. It is used for group guiding of any type, the tourist can receive information, data and guidance. In the same time, if the tourist wants some moments of relaxation, he can switch on the media and enjoy audio music, tv or radio. Some of the accessories that come with the system are ear-phones, microphones, batteries and the charging station. The system has the following capabilities and benefits: clear audio quality, wide range, more than 30 hours of continuous functioning, trusted pairing, multi-channel streaming, flexible term rentals and 24/7 customer care.

Another product that is very well received it’s a software solution, a custom branded app that allows the holder to communicate with its customers during the event, the communication being held via smartphones. The benefits of this app are: it lowers the costs related to communication, it makes the event more interactive, it offers destination mapping to the participants and give the opportunity to promote the brand to customers that take part in the event. This state-of-the-art app is the perfect tool for companies that activate in touring and cruising sector, accommodation, museums, conferences or exhibitions. It helps in consolidating brand recognition and loyalty, it can be featured as a standalone solution or can be integrated in other existing apps so that it creates complementary functions.

The company has created products and solutions that enable tour operators to successfully interact with the participants. Companies that find these solutions helpful come from the following sectors: touring and cruising, travelling, accommodation, museums, special events, etc.

• The company produces and delivers tour guide solutions
• The company’s solutions help tour operators to better manage their activity
• The owners want to grow the company in Europe, therefore are open to listening to strategic buyers