Profitable Travel Agency Seeking Loan in Male, Maldives
Well-established travel agency with B2B and B2C operations seeks a business loan or JV.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 39 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Travel Agencies |
| Locations | Male |
| Local Time | 2:37 PM Indian / Maldives |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
325 thousand
for
12.5%
annual interest,
5
years
(Native Currency: MVR 5,000,000)
Reason: Funds are required for business expansion and increasing our client base.
Collateral Available: USD 325 thousand
Includes physical assets worth
USD
7.8 thousand
Interested to connect with advisors
Documents
Company Registration Certificate
(31.1 KB)
Business Activity Registration
(3.8 MB)
Business Overview
- The CEO of the company has more than 25+ years of industry experience.
- He also has close connections with the government that can be beneficial for the growth of the company.
- We are a travel agency with both B2B and B2C operations.
- In total for B2B operations we have 10-20 clients.
- For B2C operations we receive 5-10 customers on a daily basis.
- We deal in bookings across Europe and south Asian countries such as India, Sri Lanka, Malaysia, Thailand, etc.
- He also has close connections with the government that can be beneficial for the growth of the company.
- We are a travel agency with both B2B and B2C operations.
- In total for B2B operations we have 10-20 clients.
- For B2C operations we receive 5-10 customers on a daily basis.
- We deal in bookings across Europe and south Asian countries such as India, Sri Lanka, Malaysia, Thailand, etc.
Products & Services Overview
We are a travel agency and deal in booking for airline ticketing, private jets & yachts, cruises & hotels.
Assets Overview
Physical assets include computers, laptops, and office furniture.
Facilities Overview
We have a rented office with an area of 500-600 sq ft in the center of the city.
Capitalization Overview
Self-funded and two directors and develop with income and sales of the company. We have 2 equal shareholders who fund for operation. The business does not have outstanding liabilities.
Recent Activity
-
Earlier than 15 daysDirector, Aviation, Mumbai, Corporate Investor / Buyer connected with the Business
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 64,500+ 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