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    Profitable Travel Agency Seeking Loan in Dubai, United Arab Emirates

    Travelling agency company seeks funds to provide UAE entry visas online to African travellers.
    Established 1-5 year(s)
    Employees 2 - 5
    Legal Entity Limited Liability Company (LLC)
    Reported Sales USD 370 thousand
    Run Rate Sales USD 160 thousand
    EBITDA Margin 25 %
    Industries Travel Agencies
    Locations  Dubai
    Local Time 11:26 PM Asia / Dubai
    Listed By Business Owner / Director
    Status Active
    Overall Rating
    6.5 / 10
    Compare with industry
    Seeking Loan
    USD 200 thousand for 9.0% annual interest, 2 years (Native Currency: AED 750,000)
    Reason: - To help put a deposit with Dubai immigration.
    - For working capital purposes.
    Collateral Available: USD 200 thousand
    Includes physical assets worth USD 8 thousand
    Interested to connect with advisors
    Name, Phone, Email
    Not disclosed
    Business Name
    Not disclosed
    User Verification
    Documents
    Registration Certificate
    Registration Certificate (1.3 MB)
    Business Overview

    * Dubai based company specializing in offering UAE entry visa for African businessmen and leisure travellers.

    * Business targets only African travellers (last year there were more than 1,080,000 Africans who came to Dubai).

    * Around 3.5 million Africans are expected to visit Dubai for business Expo next year.

    * Generated turnover of USD. 101,000 after 3 months of operation.

    * Sales have dropped due to the recent travel restrictions and revenue will go up from now on.

    * Clients pay us an upfront fee for the service making it good for the business cashflows.

    Products & Services Overview

    We offer U. A. E entry visa for African businessmen and leisure travellers to Dubai.

    Assets Overview

    Motor vehicle valued at AED 25,000, basic office set-up with chairs, tables and computers.

    Facilities Overview

    Rented office space in Dubai.

    Capitalization Overview
    Not Disclosed
    Recent Activity
    • Earlier than 15 days
      Independent Advisor, Dubai, Financial Consultant connected with the Business
    Tags:

    Newly Established Travel Agency Seeking Loan in Dubai, United Arab Emirates

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    Lend to Newly Established Travel Agency in Dubai, United Arab Emirates

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    Newly Established Travel Agency Seeking Loan

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    Lend to Newly Established Travel Agency

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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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