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Tour Operator Investment Opportunity in Chennai, India

Custom travel planning and booking and services business extending across the entire spectrum of tour operations.
This transaction has concluded.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 28 thousand
Run Rate Sales Nil
EBITDA Margin 20 - 30 %
Industries Tour Operators
Locations  Chennai
Local Time 11:13 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 58 thousand for 25.0% stake (Native Currency: INR 5,000,000)
Reason: Funds will be used to upgrade our website by incorporating new features, towards marketing expenses ... View More
Includes physical assets worth USD 3.5 thousand
Documents
Business Overview
- Chennai based tour operator offering customized experiential tours.
- We primarily serve the B2C segment and have sold over 130 - 140 customized tour packages since inception.
- At present, we only provide outbound tour packages to domestic locations and locations in Europe and other parts of Asia.
- We have partnered with over 45 local tour guides who provide our clients with an authentic local experience.
- We have also partnered with 10 sales agents across India who generate and share leads with us.
- The business has higher margins than its industry peers as most of the work is done in-house and not outsourced.
- Due to the COVID-19 pandemic, our revenue has frozen and is expected to be resolved in time as the pandemic is contained.
- In spite of the pandemic, only 10% of our total bookings have been cancelled and the remaining 90% of our customers have chosen to postpone their tours with us.
Products & Services Overview
Tour operator offering customized outbound experiential tours across Asia and Europe.
Facilities Overview
500 sq. ft. of leased office space.
Capitalization Overview
Not Disclosed
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This transaction has concluded. View similar business opportunities on SMERGERS
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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