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Newly Established Travel Agency Investment Opportunity in Addu City, Maldives

Newly operational travel agency in Maldives with 18 resort tie-ups, serving 50 clients till date.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 600 thousand
EBITDA Margin 20 %
Industries Travel Agencies
Locations  Addu City
Local Time 2:45 AM Asia / Karachi
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 150 thousand for 20.0% stake (Native Currency: USD 150,000)
Reason: Seeking funds since we are newly established and are looking to expand our business by expanding and... View More
Includes physical assets worth USD 32 thousand
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Business Overview
- The company has recently completed its registration process and is now fully operational.
- Expected to serve a growing number of clients, currently having catered to 50 clients both locally and internationally, seeking luxurious travel experiences in the Maldives.
- The revenue model primarily depends on the sale of luxury travel packages, high-end and accommodations generating income through bookings.
- The hotels and resorts we have a tie-up with give us a 20% commission averaging $300 per booking.
- Since we have only been operational for 1 month now, there is no reported revenue given.
- The founders have extensive experience in the travel and hospitality industry, with one partner bringing 8 years of experience and the other 12 years, ensuring a strong foundation for business growth.
- The business has established connections with 18 resorts, aiming to forge strategic partnerships with leading resorts, hotels, tour operators, and service providers in the Maldives to offer exclusive packages and experiences to clients.
- Currently utilizing social media and advertisements to promote services throughout the Maldives.
- The company caters to both low-end and high-end hotels, ensuring a broad market reach.
- Although new, the company aspires to achieve awards and recognition for excellence in providing luxury travel experiences and contributing to the tourism industry in the Maldives.
- In addition to 2 permanent employees, there are tour agents who are outsourced.
Products & Services Overview
Top-selling products and services:
Luxury accommodations:
Private villas and overwater bungalows in high-end resorts, offering lavish amenities and stunning views of the maldives' crystal-clear waters.
Bespoke travel experiences:
Tailor-made itineraries designed to fulfill the desires and preferences of luxury travelers, including personalized excursions, fine dining experiences, and spa treatments.
Exclusive packages:
All-inclusive vacation packages combine luxurious accommodations, premium services, and unique experiences such as sunset cruises, private island picnics, and underwater dining.
Who uses them:
Affluent travelers: high-net-worth individuals seeking unparalleled luxury and exclusivity in their travel experiences.
Honeymooners and couples: couples celebrating special occasions or seeking romantic getaways in a picturesque setting.
Families and groups: families and groups looking for luxury vacations with personalized services and activities catering to their interests and preferences.
How they use them:
Booking through our website:
Customers book their luxury accommodations and bespoke experiences directly through the website or by contacting their dedicated travel consultants.
Customized itineraries:
Travelers collaborate with our expert travel advisors to create personalized itineraries tailored to their preferences, interests, and budget.
Enjoying exclusive experiences:
Upon arrival in the maldives, travelers are greeted by our local representatives who ensure a seamless and unforgettable experience throughout their stay, including arranging private transfers, excursions, and special amenities.
Assets Overview
Tangible assets include.
1. Office Equipment:
- MacBook.
- Printer.
- Office desks and chairs.
- Waiting chairs.
- Office counter.
- Telephones.
- Filing cabinets.
- Air conditioning units.
- Office supplies (stationery, paper, etc. )
- Computers and monitors.
2. Vehicles:
- Company car.
- Motorcycle.
3. Furnishings:
- Conference table and chairs.
- Reception area furniture.
- Shelving units.
- Decorative items (plants, artwork, etc. )
4. Technology and Software:
- Office network equipment (routers, switches)
- Licensed software for business operations (e. g. , Microsoft Office, travel booking software)
- Security systems (cameras, alarm systems)
Intangible Assets:
1. Brand Name.
2. Domain Name.
3. Customer Relationships: Established relationships with clients and partners.
4. Business Licenses and Permits: Necessary permits to operate legally in the Maldives.
5. Trademarks/Logos: Any registered trademarks or logos.
6. Website and Digital Presence: Company website and social media profiles.
7. Supplier Contracts: Agreements with hotels, airlines, and other service providers.
8. Proprietary Processes/Software: Unique processes or software developed for the business.
Facilities Overview
Location: Situated in a prime area of Addu City, Maldives, easily accessible to clients and visitors.
Built-up Area: The office boasts a spacious built-up area of 600 sq ft, providing ample room for operations and client meetings.
Number of Floors: The office is conveniently located on a single floor.
Facility Features: Equipped with modern amenities, including a welcoming reception area, meeting rooms for client consultations, and comfortable workspaces for staff.
Rental/Lease Details: The office space is secured through a favorable rental/lease agreement with a rent of MVR 15,000 pm and a deposit of MVR 5,000.
Future Male City Office:
Capitalization Overview
The business is presently funded through personal savings. A total of $35,000 has been invested by us from personal savings. There are no outstanding loans or debts.
Total number of shareholders/owners of the business with percentage ownership:
The business has a total of 2 shareholders.
Shareholder 1: 51% ownership.
Shareholder 2: 49% ownership.
Recent Activity
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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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