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Air Taxi Company Investment Opportunity in Bangkok, Thailand

Company plans to set up one of Thailand's first premium seaplane services.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 100 thousand
EBITDA Margin Nil
Industries Air Taxi
Locations  Bangkok + 1 more
Local Time 4:50 AM Asia / Bangkok
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 1.4 million for 20.0% stake (Native Currency: THB 50,000,000)
Reason: Seeking investment to be able to launch within 2020, facilitating full operations, aircraft leasing,... View More
Interested to connect with advisors
Documents
Business Overview

- We are looking to start a premium seaplane service in Thailand providing seamless access to waterfront resorts and beaches and other waterfront locations.

- The holding company is already registered in Hong Kong and we plan on registering a company in Thailand to be the subsidiary operating company. The investor would receive a share in the company registered in Thailand.

- We have first mover advantage in this field and are working with several government authorities and have high level support from ministries and authorities for licensing approvals.

- The aim is to bring premium, professional and safe amphibious seaplane services to Thailand. Initially we would be starting in Bangkok and the nearby vicinity.

- There is a potential annual revenue opportunity of USD 90 million once we fully expand and we project that initial average monthly revenue generated would be almost USD 100,000.

- We already have partnerships with 8 leading resorts, hotels and marinas. We also have additional partnerships in the pipeline.

- Our operations partner is one of the world's leading amphibious seaplane operators with a gold-rated safety industry rating and more than 10 years of experience.

- Highly experienced executive team from both aviation and business background, some with over 20 years of experience.

- Would be looking to start operations within 3 to 4 months of receiving investment.

- We would be looking to lease around 3 planes to start operations and already have LOIs in place. Each plane is valued at around USD 2.5 million.

- We own some AOC manuals (IP), that has a market value of around USD 150,000.

Products & Services Overview

- Regular services (shared experience, by the seat) to selected waterfront locations.

- VIP charter services (private experience) to selected waterfront locations.

- Cargo and freight, search and rescue, medical evacuations.

Facilities Overview

Rented office in Hong Kong and Thailand.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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