Profitable Travel Agency Seeking Loan in Dubai, UAE
Travelling agency company seeks funds to provide UAE entry visas online to African travellers.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | INR 3.15 crore |
| Run Rate Sales | INR 1.4 crore |
| EBITDA Margin | 25 % |
| Industries | Travel Agencies |
| Locations | Dubai |
| Local Time | 5:12 PM Asia / Dubai |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
INR
1.75 crore
for
9.0%
annual interest,
2
years
(Native Currency: AED 750,000)
Reason: - To help put a deposit with Dubai immigration.
- For working capital purposes.
- For working capital purposes.
Collateral Available: INR 1.63 crore
Includes physical assets worth
INR
7 lakh
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Registration Certificate
(1.3 MB)
Business Overview
* Dubai based company specializing in offering UAE entry visa for African businessmen and leisure travellers.
* Business targets only African travellers (last year there were more than 1,080,000 Africans who came to Dubai).
* Around 3.5 million Africans are expected to visit Dubai for business Expo next year.
* Generated turnover of USD. 101,000 after 3 months of operation.
* Sales have dropped due to the recent travel restrictions and revenue will go up from now on.
* Clients pay us an upfront fee for the service making it good for the business cashflows.
* Business targets only African travellers (last year there were more than 1,080,000 Africans who came to Dubai).
* Around 3.5 million Africans are expected to visit Dubai for business Expo next year.
* Generated turnover of USD. 101,000 after 3 months of operation.
* Sales have dropped due to the recent travel restrictions and revenue will go up from now on.
* Clients pay us an upfront fee for the service making it good for the business cashflows.
Products & Services Overview
We offer U. A. E entry visa for African businessmen and leisure travellers to Dubai.
Assets Overview
Motor vehicle valued at AED 25,000, basic office set-up with chairs, tables and computers.
Facilities Overview
Rented office space in Dubai.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
-
Earlier than 15 daysPartner, Events, Production And Travel, Dubai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Travel Platform, Riga, Corporate Investor / Buyer connected with the Business
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