Travel Agency Investment Opportunity in Vadodara, India
Travel agency offering corporate car rentals, tourism services, and event management with expansion plans.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 530 thousand |
| Run Rate Sales | USD 560 thousand |
| EBITDA Margin | 12 % |
| Industries | Travel Agencies |
| Locations | Vadodara |
| Local Time | 4:57 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Partial Stake Sale
USD
117 thousand
for
10.0%
stake
(Native Currency: INR 10,000,000)
Reason: The investment will help the business owner to:
1. Manage the working capital.
2. A small portion ...
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Includes physical assets worth
USD
410 thousand
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Business Overview
- The business operates in the travel agency industry, primarily focusing on luxury car rentals for corporate clients with contracts typically spanning 2-3 years.
- It also offers international tourism services and event management for corporate entities, with a recent foray into vertical logistics.
- With a current workforce of 35 (23 drivers, 12 management members) employees, the company is strategically expanding its operations to cover all tier 1 cities and is in discussions with potential partners in Saudi Arabia.
- The business experiences seasonal peaks from August to January and has a track record of managing events, including 6 in Gwalior this year and approximately 50 events annually.
- With a client base of around 400 for tourism services each year, the company currently relies on SEO-based marketing strategies to generate leads and uses a Monthly Booking Information System (MBIS) for managing bookings.
- The business is transitioning from its initial registration in Vadodara to a new registration in Mumbai and is in the process of developing an all-in-one solution app to enhance customer experience.
- While currently holding a Gujarat tourism certificate, the company is looking to expand its certifications and is considering applying for IATA accreditation in the future, following its planned expansion.
- It also offers international tourism services and event management for corporate entities, with a recent foray into vertical logistics.
- With a current workforce of 35 (23 drivers, 12 management members) employees, the company is strategically expanding its operations to cover all tier 1 cities and is in discussions with potential partners in Saudi Arabia.
- The business experiences seasonal peaks from August to January and has a track record of managing events, including 6 in Gwalior this year and approximately 50 events annually.
- With a client base of around 400 for tourism services each year, the company currently relies on SEO-based marketing strategies to generate leads and uses a Monthly Booking Information System (MBIS) for managing bookings.
- The business is transitioning from its initial registration in Vadodara to a new registration in Mumbai and is in the process of developing an all-in-one solution app to enhance customer experience.
- While currently holding a Gujarat tourism certificate, the company is looking to expand its certifications and is considering applying for IATA accreditation in the future, following its planned expansion.
Products & Services Overview
The business's top-sold service is car rental services. They have tied up with many companies as of now ranging from 2-3 years.
Assets Overview
The tangible assets owned by the company are:- 23 fleet vehicles worth INR 16 lakh each.
- Office set-up.
Facilities Overview
The business operates from a 15x12 self-owned office in Vadodara.They have found a new office in Mumbai, and will soon start the operations there.
Capitalization Overview
The business has a single owner, and the business does not have any business loans.
Recent Activity
-
Earlier than 15 daysProject Engineer, Pharmaceuticals, Noida, Individual Investor / Buyer connected with the Business
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