Leisure and Recreation Business Seeking Loan in Chennai, India
Global Travel and Tour Company With a Realtime Online Search and Booking Portal with mainly corporate clients.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 2.03 thousand |
| Run Rate Sales | USD 5.6 thousand |
| EBITDA Margin | 20 % |
| Industries | Travel Agencies + 1 more |
| Locations | Chennai |
| Local Time | 4:59 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
34 thousand
for
12.0%
annual interest,
3
years
(Native Currency: INR 3,000,000)
Reason: To setup the business with full fledged office and infrastructure and to build a portal.
Collateral Available: USD 0
Interested to connect with advisors
Business Overview
A Global Travel and Tour Company with a Realtime Online Search and Booking Portal dealing predominantly with corporate clients.
Ours is a global travel and tour company which focuses on corporate and individual travellers.
The core expertise are business & leisure travel, particularly into virgin locations with lots of activity and adventure.
Company plans to have a real-time portal to book tour packages to the exciting locations and unheard activities.
Company is dealing with 15 clients at the moment.
60% of their clients are from IT and about 25% from pharma.
Company has the potential to sign up in excess of 100 clients but it is not able to do so because it is not able to provide credit to clients.
The promoters have had successful spells across different international travel companies and are highly experienced in this domain.
Company is looking for investment to complete the online travel portal and to also for working capital.
Owners are willing to consider different ROI options.
Company is working out of Chennai and Kochi at the moment.
Ours is a global travel and tour company which focuses on corporate and individual travellers.
The core expertise are business & leisure travel, particularly into virgin locations with lots of activity and adventure.
Company plans to have a real-time portal to book tour packages to the exciting locations and unheard activities.
Company is dealing with 15 clients at the moment.
60% of their clients are from IT and about 25% from pharma.
Company has the potential to sign up in excess of 100 clients but it is not able to do so because it is not able to provide credit to clients.
The promoters have had successful spells across different international travel companies and are highly experienced in this domain.
Company is looking for investment to complete the online travel portal and to also for working capital.
Owners are willing to consider different ROI options.
Company is working out of Chennai and Kochi at the moment.
Products & Services Overview
Domestic & International Air Ticketing | Corporate Travel| Tours & Packages | Fit & Group Tours | Mice And Incentive Groups | Leisure Travel Package | Cruises | Tailor Made Package | Hotel Reservation| Visa Assistance| Car Rentals | Travel Insurance | Cruise Voyages |
Facilities Overview
Working out of home right now but have finalized a deal for monthly rental of Rs 15,000 / and an advance of Rs 1,50,000.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysOwner, Guest House, Chennai, Individual Investor / Buyer connected with the Business
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