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Travel Agency Seeking Loan in Aceh, Indonesia

Well-established travel agency with car rental and tourism services with IDR 200-500 million monthly revenue.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 300 - 400 thousand
Run Rate Sales USD 370 thousand
EBITDA Margin 20 - 30 %
Industries Travel Agencies
Locations  Aceh
Local Time 9:01 AM Asia / Jakarta
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 120 thousand for 15.0% annual interest, 1 year (Native Currency: IDR 2,000,000,000)
Reason: - We need capital to expand our business. - We are planning to add facilities and build new busines... View More
Collateral Available: USD 60 thousand
Includes physical assets worth USD 55 thousand
Interested to connect with advisors
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Business Overview

- We are a travel agent/bureau and provide car rental to our clients.

- Monthly revenue ranges from IDR 200-500 million, with the majority of the income coming from tourist packages and car rentals.

- The business has contracts with car owners for the rental business and serves 50 to 100 clients monthly, primarily from locations such as Aceh, Pekan Baru, and Medan in Malaysia.

- The company caters to a wide range of clients, including government agencies, schools, and the general public, showcasing a diverse and stable customer base.

- The business owns physical assets including two cars worth 600 million and a building worth IDR 300 million, with plans to acquire a new office building worth IDR 1 billion.

- The company holds a company license certificate for its operations, indicating legal compliance and regulatory adherence.

- The business plans to expand its service offerings to include Umrah, demonstrating a proactive approach to meet consumer demand and diversify its revenue streams.

Products & Services Overview

- Travel packages are the best-selling products because they target all ages and are much sought after by travel lovers.

- We also have a car rental business, and cafe in addition to tourist packages.

Assets Overview

Physical assets include 2 Cars and a building with a cafe and office.

Facilities Overview

- The building consists of 4 floors, the first floor is a warehouse, the second and third floors are a cafe and restaurant equipped with musical instruments, and the last floor is the 4th floor, the head office for domestic and foreign tourism services.

- We have one building which is owned by us and the other is rented which has our new office.

Capitalization Overview

- When the business was founded, it had an authorized capital of IDR 3,000,000,000 (three billion Rupiah) and 25% placed capital worth IDR 750,000,000 then each share is worth IDR 1 million.

- The company has 3 shareholders, in 750 shares the main director holds major shares which is 675 shares, and the director and commissioner hold 8 and 67 shares respectively for initial capital.

- The company has debt for accommodation of IDR 500 million.

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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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