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Travel Agency for Sale in Delhi, India

For Sale: IATA-approved travel agency and RBI-authorized money exchanger with 500+ corporate clients.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 3.2 million
Run Rate Sales USD 3.3 million
EBITDA Margin 10 %
Industries Travel Agencies
Locations  Delhi + 1 more
Local Time 3:30 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 1.7 million (Native Currency: INR 140,000,000)
Reason: Promoter has 2 daughters (12 & 10 years) none of them are interested in this business. Moreover havi... View More
Includes physical assets worth USD 800 thousand
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RBI License
MOA
Company PAN Card
AOA
GST Certificate
Business Overview

- Delhi-based IATA-approved travel agency and RBI-authorised money exchange company that has been operational for over 17 years.

- Have more than 540 corporate clients and dealing with them for 15 years.

- Associated with Thomas Cook for forex prepaid cards and RBL for INR-based cards.

- Top seller of AMEX travellers' cheques and ICICI forex prepaid cards.

- We have applied for an AD II license but was rejected by the RBI so we have filed a case in the high court for the same.

- Have 5 properties. Rent from the Noida office is INR 1.35 lakh per month for a 9-year lease with a Korean logistic company (the office is fully furnished).

- Company generates INR 40 lakh per annum from FDs and rental income. It is increasing every quarter.

- We generate equal revenue from travel services and currency exchange with additional income from rentals.

- Our registered office in Nehru Place is in the heart of the city.

- Business is headquartered in Delhi with a branch office in Noida.

Products & Services Overview

Foreign currency.

Foreign currency prepaid cards.

INR based prepaid cards.

Overseas remittances.

International and domestic air tickets booking.

A white label website.

Visa and passport services.

Hotel, tours booking.

All travel-related services.

Assets Overview

- 5 real estate properties and buildings in Delhi NCR.

- Fixed deposits with bank at an average interest of 7.375% per annum with an annual yield of 10.75%

- IATA stocks worth INR 25 lakh.

- Fully furnished office spaces with all electronics, Godrej safes (2 big & 1 medium)

- Successfully running business legacy of 17 years.

- Running website.

- White label running website.

- AD II category license applied (Have sub judice case in Delhi high court against RBI for grant of license).

Facilities Overview

- Nehru place office of 465 sq ft - Fully furnished and owned since 2005.

- Noida office of 1,500 sq ft in the corporate park - Beautifully furnished with sitting capacity of 25 people, conference room and pentry with all amenities, fully air-conditioned.

- Greater Noida office space of 1,000 sq ft each floor is fully commercial registered, 5th-floor has office registered on company name near to upcoming Noida International airport.

- Have two other properties which generate rental revenue for the company.

Capitalization Overview

- Business has no loans.

- Company has 2 directors and the majority of shares are owned by one director.

Recent Activity
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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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