Tour Operator Seeking Loan in Nagpur, India
A travel company based in Nagpur seeks a business loan to set up a resort.
| Established | 1-5 year(s) |
| Employees | < 2 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 7 thousand |
| Run Rate Sales | USD 4.9 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Tour Operators |
| Locations | Nagpur |
| Local Time | 6:02 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
105 thousand
for
9.0%
annual interest,
10
years
(Native Currency: INR 9,000,000)
Reason: - The travel company is in need of manpower and is on low funds to resource them.
- The company is ...
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Collateral Available: USD 0
Includes physical assets worth
USD
35 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
ROC-Verification.pdf
(73.9 KB)
Business Overview
- Tours and travels company that organizes around 10 tours per month during the off-season and 20+ tours during peak season.
- The tours are advertised on platforms like Facebook and Instagram, and local agents also play a role in marketing.
- Tour package includes site visits like Mumbai and Pune from Nagpur.
-The company also has links/contacts all over India and often gets referred by other travel companies as well.
- Apart from touring, the company also takes part in govt tenders to provide transportation services.
- We have been providing transportation services to a food corporation company in Nagpur ever since we started operating.
- Due to a lack of staff, we haven't been able to function to its maximum this year and our sales have decreased.
- The company is registered in Mumbai but it is operating in Nagpur.
- The company has two directors and the business has no debts or liabilities.
- The tours are advertised on platforms like Facebook and Instagram, and local agents also play a role in marketing.
- Tour package includes site visits like Mumbai and Pune from Nagpur.
-The company also has links/contacts all over India and often gets referred by other travel companies as well.
- Apart from touring, the company also takes part in govt tenders to provide transportation services.
- We have been providing transportation services to a food corporation company in Nagpur ever since we started operating.
- Due to a lack of staff, we haven't been able to function to its maximum this year and our sales have decreased.
- The company is registered in Mumbai but it is operating in Nagpur.
- The company has two directors and the business has no debts or liabilities.
Products & Services Overview
- Tour packages.- Taxi services.
- Hotel bookings.
- Vehicle rentals.
Assets Overview
Tangible:- 2 taxis (Yellow board)
- 1 car (White board)
Intangible:
- Tie-ups with hotels and local travel agents.
Facilities Overview
The office is in a prime area of Nagpur, it is a rented facility with a built-up area of 1,200 sq ft.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysProprietor, Shampoo Manufacturer, Nagpur, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
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