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Travel Agency Seeking Loan in Muscat, Oman

Travel agency company seeks funds to provide entry visas for all nationality.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 1.3 million
Run Rate Sales USD 1.6 million
EBITDA Margin 5 %
Industries Travel Agencies
Locations  Muscat
Local Time 2:52 PM Asia / Muscat
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 65 thousand for 10.0% annual interest, 5 years (Native Currency: OMR 25,000)
Reason: Need extra funds for working capital.
Collateral Available: USD 0
Includes physical assets worth USD 40 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview

- The company has branches in India, Oman, and UAE.

- Good business returns from each branches.

- We have clients from different parts of the world. Have catered to over 4,000 customers.

- Have tied up with 30-40 corporate clients.

- Since the credit facility for our clients is 15-30 days, we are running out of working capital.

- We have 10 employees from all 3 branches together who are agents.

Products & Services Overview

Ticketing and holiday packages.

UAE visa.

Oman visa.

Saudi visa.

Europe/UK/USA visa assistance.

Assets Overview

Tangible assets include office furniture, 5 desktops, and 5 laptops.

Facilities Overview

- We have rented offices in India, Oman, and UAE.

- The office in Oman is located in the center of the city on 250 sqft with a monthly rent of OMR 350.

Capitalization Overview

- The business is funded through personal funds.

- Company has one owner and has no debts or liabilities.

Recent Activity
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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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