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Profitable Travel Agency Seeking Loan in Malé, 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 40 thousand
EBITDA Margin 20 - 30 %
Industries Travel Agencies
Locations  Malé
Local Time 2:11 PM Indian / Maldives
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 320 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 320 thousand
Includes physical assets worth USD 8 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
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.

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
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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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