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Travel Agency Investment Opportunity in Dubai, United Arab Emirates

Online B2B aggregator of hotels rooms, apartments and sightseeing services worldwide.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 10 - 20 million
Run Rate Sales Nil
EBITDA Margin 0 - 10 %
Industries Travel Agencies + 1 more
Locations  Dubai
Local Time 8:59 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 700 thousand for 75.0% stake (Native Currency: AED 2,500,000)
Reason: - We are selling a majority stake in the business to settle the debt of AED 1.5 million and addition... View More
Includes physical assets worth USD 160 thousand
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Business Overview

- Company provides an online B2B aggregation of hotels, apartments, and sightseeing services.

- Our clients are travel agents and we have 14,000 registered clients out of which more than 8,000 were active before lockdown.

- We were active in 21 markets which includes countries in Africa, South East Asia, Eastern Europe, GCC.

- Have offices space in UAE but do not have an active running office now.

- Director of the company has 20 years of experience.

-Have received many awards in the past.

- The promoter is currently in India.

- Due to Covid, our business was shut down. The company has outstanding payments of AED 1.5 million and an additional loan against the office of AED 500,000.

- The promoter is looking to sell a majority stake in the company due to lack of capital and restart the operations.

Products & Services Overview

Aggregation and sale in online B2B space for hotel rooms, apartments, sightseeing, point-to-point transfers, technology services to enable travel companies to go online, and apps management.

Assets Overview

Physical assets include 700 Sq ft Office in JLT, Dubai which is owned by the company.

Facilities Overview

1 location for technology support is working in New Delhi India with 7 persons.

Capitalization Overview
Not Disclosed
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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