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Cruise Line Seeking Loan in Mandalay, Myanmar

Tour and travel company seeking funds to build own 14 room luxury Cruise Ship.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 190 thousand
Run Rate Sales USD 200 thousand
EBITDA Margin 15 %
Industries Cruise Lines + 1 more
Locations  Mandalay
Local Time 1:13 AM Asia / Bangkok
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 430 thousand for 12.0% annual interest, 7 years (Native Currency: MMK 800,000,000)
Reason: 90% of the funds will be used to build our own Luxury River Cruise Line and the rest is for marketin... View More
Collateral Available: USD 430 thousand
Includes physical assets worth USD 540
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Business Overview

- Company was founded in 2013 with 2 staff. We are now 30 member strong team.

- In 2018 we served around 1,300 customers.

- We were nominated for Asia Cruise Award in the past.

- Few destination trips we cover are - Bagan, Inle, Kalaw, Bangkok, Katha, Popa.

- Have tie ups with car rental companies and cruise companies to serve our customers.

- We are building a new luxurious 14 room river cruise on Irrawaddy River and as per our study we expect 120 days occupancy through the year.

Products & Services Overview

We offer River Cruise, Car Rentals, Trekking, Destination Trips.

Facilities Overview

Have rented office in Mandalay, Myanmar.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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