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Small Travel Agency Seeking Loan in Utrecht, Netherlands

Newly established online travel agency that offers travel bookings services in the Middle East.

Established 1-5 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 38 thousand
EBITDA Margin Nil
Industries Travel Agencies
Locations  Utrecht
Local Time 10:53 PM Europe / Amsterdam
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 21 thousand for 4.0% annual interest, 1 year (Native Currency: EUR 20,000)
Reason: We are seeking funding for our start-up online travel agency. We are looking for debt funding, with ... View More
Collateral Available: USD 0
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Business Name
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Documents
Business Overview
- Online travel agency for hotel bookings, car rentals, tickets, and tours.
- Our company was founded recently, and up to now we have made +9 bookings for our clients with a total sales price of EUR 3,000.
- The development of the website is handled by the owner himself and the website is not completely operational yet.
- Bookings received so far were handled manually by the promoter.
- Service providers will be onboarded once the website is fully operational.
- We have identified the Middle East as our initial target market due to the market demand and plan to expand to European countries in the later stages.
- Business generates revenue by adding a markup on the original service cost and also charges a 5-10% commission fee based on the booking.
- Our registered office address is in De Duikerhof, Netherlands.
Products & Services Overview
We provide the following:
- Hotel bookings.
- Airplane tickets.
- Activity.
- Tours.
- Car rentals.
Assets Overview
Business does not have any physical assets since operations are completely online. Intangible assets include the domain name and website.
Facilities Overview
Business is still in the early stages and all operations are completely online.
Capitalization Overview
- Personal-funded business. The promoter has invested around EUR 5,000 towards R&D.
- Sole proprietorship with zero debts or 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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