Newly Established Travel Agency Equity Stake For Sale in Faridabad, India
Travel Agency which sells tour packages, flights, hotels and activities.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | General Partnership |
| Reported Sales | Nil |
| Run Rate Sales | USD 40.5 thousand |
| EBITDA Margin | 12 % |
| Industries | Travel Agencies |
| Locations | Faridabad |
| Local Time | 4:47 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
7.3 thousand
for
50.0%
stake
(Native Currency: INR 700,000)
Reason: The business owner does not have sufficient time to manage this business and is looking for an activ...
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Includes physical assets worth
USD
3.64 thousand
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Business Name
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Business Overview
This business is a franchise of a well established online travel agency (OTA).
The business acts as a middleman, where they receive queries from the customers and send the exact queries directly to the franchisor, who will send the locations and package details to the franchisee. These packages will be sold at a mark-up of 10% to 15% from the listing price received from the franchisor.
As a new business without much marketing we receive around 350-500 queries monthly. We are still building our clientele.
For international travel, ticket size is INR 40,000 - 50,000 per person and for domestic it starts from INR 6,000.
The franchise agreement has a tenure of 3 years, with the option to renew after expiry. The agreement was acquired with an initial investment of INR 750,000. There are no franchise fee and the business earns from a 10-15% mark-up from the sale of package deals.
The business acts as a middleman, where they receive queries from the customers and send the exact queries directly to the franchisor, who will send the locations and package details to the franchisee. These packages will be sold at a mark-up of 10% to 15% from the listing price received from the franchisor.
As a new business without much marketing we receive around 350-500 queries monthly. We are still building our clientele.
For international travel, ticket size is INR 40,000 - 50,000 per person and for domestic it starts from INR 6,000.
The franchise agreement has a tenure of 3 years, with the option to renew after expiry. The agreement was acquired with an initial investment of INR 750,000. There are no franchise fee and the business earns from a 10-15% mark-up from the sale of package deals.
Products & Services Overview
Our top selling services are international tour packages mostly to Thailand, Vietnam, Bali, Maldives, Hong Kong, Philadelphia, Dubai, United Arab Emirates (UAE) and Europe.The main customers are family, couples and group deals for business trips or large travelling groups.
The business arranges flights, visa, hotel accommodations and a travel guide for their travel.
The business has commenced its operations just a few months back.
The business is not IATA accredited, but the franchisor is IATA accredited.
Assets Overview
The only tangible assets owned by the company are furniture in the office.The intangible assets include, the GST registration, the partnership agreement and the franchise agreement. The franchise agreement has a tenure of 3 years, with the option to renew after expiry. The franchisee earns revenue in the form of a mark-up from the quoted price from the franchisor. If the investor is willing to buy the whole business the franchise agreement is included in the transaction.
Facilities Overview
The business is carried out from a fully furnished rented office with a footage area of 650 sq. ft. on the second floor. The monthly rent paid is INR 17,000 + INR 5,500 for maintenance + electricity bill. The office has proper water supply.
Capitalization Overview
The business has two shareholders and no outstanding loans.
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