Travel Agency Seeking Loan in Bangalore, India
Authorized tours and travel agency located in Bangalore seeking short term loan.
This transaction has concluded.
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 65 thousand |
| Run Rate Sales | USD 70 thousand |
| EBITDA Margin | 0 - 10 % |
| Industries | Travel Agencies |
| Locations | Bengaluru |
| Local Time | 11:54 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
11.6 thousand
for
15.0%
annual interest,
3
years
(Native Currency: INR 1,000,000)
Reason: Business Expansion and Business Development.
Collateral Available: USD 0
Interested to connect with advisors
Documents
IT Filing
(1.4 MB)
Business Overview
Very popular is Bangalore in providing various travel agency facilities. They are authorized travel agents for Indian Airlines, Air India, Jet Airways and other private flights and also tour Operator for south India. The promoter has already obtained the travel agency license from various authority like Indian Airlines, Air India, Jet Airways. The concern is a recognized travel agents in India. The total requirement of employees are about 20 nos. and there are 4 employees are readily working in the unit. and the promoter will not find any difficulty to recruit additional staff in any required.
Products & Services Overview
1. Air Ticket Booking for general customers and for Corporate customers for domestic and Journey.2. Conducting tours in India and outside India.
3. 24 hours car Hiring and Cab facility for corporate customers.
4. bus Ticketing.
5. Arranging group tours to foreign countries.
6. Providing Visa processing facility.
7. Working as Passport Agents.
8. Booking Hotel rooms in India and outside India.
Facilities Overview
The Rental Agreement is for 1 Year with renewable condition. Rent agreed is at Rs. 6,500 / P. M with 10% increase once in every 2 years. The Lease Deposit is at Rs. 1,26,000. Required power is already installed in the leased premises. All the required equipment like, computers furniture etc are installed in the unit and presently these equipment are working in good condition.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysHead Of Information Technology, Construction Services, Bengaluru, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Bengaluru, Financial Advisor connected with the Business
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Earlier than 15 daysSenior Consultant, Information Technology, USA, Individual Investor / Buyer connected with the Business
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