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Tour Operator Seeking Loan in Dhaka, Bangladesh

Travel agency seeks funds to develop a hotel on owned land on Saint Martin Island.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 150 thousand
Run Rate Sales USD 120 thousand
EBITDA Margin 20 - 30 %
Industries Tour Operators + 1 more
Locations  Dhaka
Local Time 4:36 PM Asia / Dhaka
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 1 million for 9.0% annual interest, 20 years (Native Currency: BDT 100,000,000)
Reason: These funds will be used to construct a 40-room hotel on promoter-owned land on Saint Martin Island ... View More
Collateral Available: USD 100 thousand
Includes physical assets worth USD 8 thousand
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Business Overview

- Tour operator and travel agency in Bangladesh.

- The business organizes almost 150 tours in the peak season between October to March.

- Our active team of 12 employees consists of 4 tour guides, 4 analysts for booking tickets, and 4 digital marketers.

- Our monthly revenue has dropped in the last few months due to the seasonal nature of our business.

- We are seeking a loan to establish a 40-room hotel on Saint Martin Island and to purchase a 100-seater vessel.

- The hotel and ship will help us attain more stability in our revenue and we will not be dependent on income from the tours.

- The construction has not yet started and we own the land on Saint Martin Island.

- Business advertises primarily through their Facebook page which has 21,000+ followers.

- Apart from seasonal tours we earn revenue through the sale and booking of international tour packages, flight and rail tickets.

- This is a debt-free sole proprietorship.

Products & Services Overview

- Domestic, international, and corporate tour packages.

- River cruises.

- Hotel booking.

- Vehicle hire.

- Air, bus, and ship ticket bookings.

- We help our customers with visa processing, and hiring external guides as well.

Assets Overview

The physical assets include basic office furniture and computer systems.

Personal property worth BDT 1 crore can be kept as collateral for this loan.

Facilities Overview

Rented office in Dhaka that can accommodate our complete team of 12 employees.

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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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