Newly Established Travel Agency Seeking Loan in Chennai, India
Invest in a Chennai-based travel agency offering tailored packages & about 500 hotel connections.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 28 thousand |
| EBITDA Margin | 15 % |
| Industries | Travel Agencies |
| Locations | Chennai |
| Local Time | 8:07 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Seeking Loan
USD
23 thousand
for
10.0%
annual interest,
5
years
(Native Currency: INR 2,000,000)
Reason: Funds will be used to build a website and development of the CRM process.
Collateral Available: USD 0
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
ROC-Verification.pdf
(301.6 KB)
Business Overview
- Travel agency in Chennai, offering tailored packages to guests that match their exact expectations in their tour.
- Service portfolio includes the provision of flight tickets, bus tickets, and short stay hotels, primarily utilized by pilgrims and corporates.
- The business model involves analyzing the requirements of clients and providing them with options that match their budget.
- On average, the business sells about 2-3 tickets daily and approximately 2 packages weekly.
- The company has a strong network with over 500 hotel connections in South India, enhancing its ability to offer diverse accommodation options to its clients.
- With the owner possessing 10 years of experience in the industry, the business benefits from a wealth of expertise and industry knowledge.
- The company is not IATA accredited yet but will apply for the accreditation eventually.
- Service portfolio includes the provision of flight tickets, bus tickets, and short stay hotels, primarily utilized by pilgrims and corporates.
- The business model involves analyzing the requirements of clients and providing them with options that match their budget.
- On average, the business sells about 2-3 tickets daily and approximately 2 packages weekly.
- The company has a strong network with over 500 hotel connections in South India, enhancing its ability to offer diverse accommodation options to its clients.
- With the owner possessing 10 years of experience in the industry, the business benefits from a wealth of expertise and industry knowledge.
- The company is not IATA accredited yet but will apply for the accreditation eventually.
Products & Services Overview
The business gives tailored packages to guests matching their exact expectations in their tour.Service portfolio includes:
- Flight tickets, bus tickets, and short stay hotels. It is generally used by pilgrims and corporates.
- They send us their requirements which we analyze and give options matching their budget.
Assets Overview
The business does not own any physical assets of significant value at the moment.
Facilities Overview
Operations are currently run from the house of the owner in Chennai.
Capitalization Overview
We are currently boot strapped and have zero loans. Business growth is planned with the investment.
Recent Activity
-
Earlier than 15 daysDirector, Automotive, Chennai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder, Travel Agency, Salem, Individual Investor / Buyer connected with the Business
Tags:
Newly Established Travel Agency Seeking Loan in Chennai, India
·Lend to Newly Established Travel Agency in Chennai, India
·Newly Established Travel Agency Seeking Loan in Madras
·Lend to Newly Established Travel Agency in Madras
·Newly Established Travel Agency Seeking Loan
·Lend to Newly Established Travel Agency
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
2 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 62,000+ other businesses of all sizes.
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.
You might also be interested in these businesses