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Tour Operator Investment Opportunity in Mumbai, India

The biggest small plane opportunity in the world. Part of GOI's UDAN Schme.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Tour Operators
Locations  Mumbai
Local Time 7:25 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 10 million for 30.0% stake (Native Currency: INR 850,000,000)
Reason: Funds will be use to lease aircraft, secure tools, spares, ground equipment and working capital.
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Business Overview

- We are seaplane operators being run by professionals from the industry with nearly three decades' experience.

- The business was rolled back during Covid.

- We are re-starting our operations as our firm has received a contract from the Gujarat Government.

- According to the contract we would have 2 fixed flights on a daily basis.

- These flights will be from the Sabarmati riverfront to the Statue of Unity base at Sabarmati and end at Ahmedabad airport.

- Pre- Covid the business had 1 leased and 1 owned plane.

- Since the business shut down the company does not any planes as of now.

- The investment will be used to purchase the aircraft and working capital requirements.

- We have a reputed brand name and high goodwill in the market.

- The business has two owners 80% and 20% stake distribution.

- Company has no outstanding liabilities.

- This will be a safe investment with handsome returns.

Products & Services Overview

India's first and only seaplane company now also venturing into UDAN land routes and sustainable aviation. Secured a massive Govt backed contract for ten planes.

Assets Overview

The company is in the process of leasing 10 x Cessna 208 Aircraft for its upcoming UDAN contract.

Intangible assets include air operators permit (non-scheduled) and NOC for operating scheduled commuter airline.

Facilities Overview

Leased space out of Juhu Aerodrome, Mumbai.

Capitalization Overview

Business bootstrapped by promoters and two family trusts holding 99% equity between them. Closely held company with zero bank debt.

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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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