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Travel Agency Seeking Loan in Mumbai, India

IATA accredited destination management company providing B2B travel services to 1,200 travel agencies in India.
This transaction has concluded.

Established 20-30 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 2.3 million
Run Rate Sales USD 2.3 million
EBITDA Margin 15 %
Industries Travel Agencies
Locations  Mumbai
Local Time 12:10 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 500 thousand for 15.0% annual interest, 3 years (Native Currency: INR 40,000,000)
Reason: To provide our services to cover additional cities in India, partner with more airlines and hotels.
Collateral Available: USD 600 thousand
Includes physical assets worth USD 1 million
Interested to connect with advisors
Documents
Profile
Electricity Bill
Business Overview

- A destination management company based in Mumbai, that started operations in 2004.

- We are a B2B business that provides our services directly to travel agencies.

- Our business help travel agencies with flight bookings, hotel bookings, concierge services, travel packages and plans.

- Have partnered with major airline services and hotels across India.

- We provide travel solutions covering 1,250 cities in India.

- Company is an IATA Accredited Agent and a Member of IATO, TAFI, TAAI and ADTOI since 2009.

- Currently have 1,200 clients.

- Have thrice received the award for Best Destination Management business.

Products & Services Overview

Travel Services, Vacation Planner, MICE management, Hotel Promotion & Sales.

Facilities Overview

We have our own office in Mumbai having an area of 5,000 Sq. Ft.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Sales Manager, Faridabad, Financial Advisor connected with the Business
  • Earlier than 15 days
    Investment Associate, Mumbai, Business Broker connected with the Business
  • Earlier than 15 days
    Financial Advisory, Mumbai, Financial Consultant connected with the Business
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This transaction has concluded. View similar business opportunities on SMERGERS
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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