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Travel Agency Investment Opportunity in Chennai, India

Chennai based Travel & Leisure company seeking investment for Business Travel Division.

Established
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 700 thousand
EBITDA Margin 15 %
Industries Travel Agencies
Locations  Chennai
Local Time 6:59 PM Chennai
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 140 thousand for 33.0% stake (Native Currency: INR 10,000,000)
Reason: - Obtaining IATA certification will increase our Creditability and Market value with clients, servic... View More
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Business Overview

- Chennai based Leisure Travel business running profitably over the years.

- Currently serving holiday travel and are planning to start Business travel division.

- Provide customized solution of credit payment according to clients requirements (generally 15 days period from time of booking)

- We clear all travel related issues for our customers including getting visa, etc.

- We work on commission basis with airlines.

- Have major clients of over 15 to 20 corporate and will be targeting other major clients.

- Have tied up with 2 GDS currently that check out the inventory level.

- We have cleared all the necessary certificates required for this business.

- We are waiting for our IATA certicate that will increase our operation upto 70%

- Good potential to grow in Tamil Nadu due to less competition.

- Our customer can pay by cash, draft, online, etc and we assist them 24 / 7.

Products & Services Overview

End to End Travel and Leisure service for Corporates.

Facilities Overview
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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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