Travel Agency Investment Opportunity in Dubai, United Arab Emirates
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 |
- 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.
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.
Physical assets include 700 Sq ft Office in JLT, Dubai which is owned by the company.
1 location for technology support is working in New Delhi India with 7 persons.
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Earlier than 15 daysOwner, Restaurant, Belfast, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCFO And Director, Media Production, Dubai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysMD, Diversified, Mumbai, Corporate Investor / Buyer connected with the Business