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Tour Operator Seeking Loan in Yerevan, Armenia

Yerevan-based tour services business offering minivan, sedan tours across Armenia and Georgia with established referrals.

Established 10-20 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 12.6 thousand
Run Rate Sales USD 16.2 thousand
EBITDA Margin 0 - 10 %
Industries Tour Operators
Locations  Yerevan
Local Time 6:06 AM Asia / Yerevan
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 10 thousand for 10.0% annual interest, 5 years (Native Currency: USD 10,000)
Reason: The funding is required to expand the vehicle fleet by purchasing a new Mercedes-Benz Vito and a Mer... View More
Collateral Available: USD 0
Includes physical assets worth USD 10 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- Based in Yerevan, we have been in the tour services business for 12 years, specializing in trips across Armenia and Georgia.
- Our business is mainly seasonal, with tours mainly running from May to October.
- During the peak season, we earn around $70 per day on average using our minivan.
- We receive a steady flow of bookings through friends and other tour operators who refer clients to us. Serving around around 80 clients per month.
- We also work with an international website.
- When our minivan is occupied and we cannot take additional bookings, we refer those clients to friends in the business rather than turning them away.
- We believe having a more diverse fleet of vehicles would create more opportunities to serve tourists and increase earnings.
- The business has tax registration, which is currently temporarily suspended and pending renewal.
Products & Services Overview
- Tour driving and guided transportation services for tourists traveling across Armenia and Georgia.
- Customers are primarily international and local tourists, with bookings received directly through referrals from friends and other tour operators, as well as through an international booking website.
- Tours are conducted using the company-owned minivan, with the vehicle used to transport clients across various destinations and sightseeing locations.
Assets Overview
Physical assets include a Mercedes-Benz Viano with 7+1 seating capacity.

Intangible assets include the company’s tax registration, established relationships with local tour operators and referral partners.
Facilities Overview
No dedicated facility, own a minivan which is used to provide tours.
Capitalization Overview
Self-funded.
No outstanding loans or liabilities.
Sole owner.
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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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