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Tour Operator Seeking Loan in Port Blair, India

Established tour operator seeks funding to scale hotel operations and expand travel services pan India.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 290 thousand
Run Rate Sales USD 98 thousand
EBITDA Margin 5 %
Industries Tour Operators
Locations  Port Blair
Local Time 5:07 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 11.6 thousand for 10.0% annual interest, 2 years (Native Currency: INR 1,000,000)
Reason: We are seeking funding to: - Market our newly launched hotel operations. - Expand our tours and tr... View More
Collateral Available: USD 0
Includes physical assets worth USD 11.6 thousand
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Business Overview
- Located in the scenic Port Blair, this tour operator specializes in providing comprehensive travel experiences to the Andaman and Nicobar Islands for inbound travellers.
- The core offering includes tailored tour packages, which have proven immensely popular, especially during peak seasons with 40 to 50 bookings per month.
- Recently, the business expanded into hospitality by launching hotel accommodations, achieving 100% occupancy during peak periods.
- Despite being a relatively new venture, hotel operations are set to significantly complement the existing tour services and diversify revenue streams.
- At present, the tours business contributes a substantial 95% of the total revenue, with ambitious plans to grow the hotel segment.
- The current run-rate sales have declined due to the off-season, but we expect a strong recovery during the upcoming peak seasons.
- Managed by a promoter with six years of industry experience, the business is adept at delivering quality travel services and managing growth in the competitive tourism sector.
- With a dedicated team of seven employees, the operation is poised for expansion, focusing on optimized customer experiences and enhanced service offerings.
- The company is fully compliant with industry regulations, holding essential certifications including GST, Udyam, and labour certifications, ensuring legal and operational integrity. The business currently does not hold IATA accreditation.
Products & Services Overview
We are a tour operator business specializing in catering to inbound travellers to the Andaman and Nicobar Islands. Our top-selling service is packaged tours in the Andaman region.
We also started hotel operations 6 months ago to provide guest accommodations. Currently, 95% of our revenue comes from our tours business, but we aim to scale the hotel operations significantly in the coming months.
Assets Overview
Tangible assets: all the furniture and equipment.
Facilities Overview
The hotel is leased for 10 years and has 11 rooms. It is strategically located near the airport, with the business office situated on the ground floor of the hotel.
Capitalization Overview
The business is a sole proprietorship with no outstanding loans.
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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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