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Travel Agency Seeking Loan in Bangalore, India

Authorized tours and travel agency located in Bangalore seeking short term loan.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 76 thousand
Run Rate Sales USD 80 thousand
EBITDA Margin 0 - 10 %
Industries Travel Agencies
Locations  Bangalore
Local Time 3:36 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 14 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
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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.

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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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