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Travel Agency Seeking Loan in North Jakarta, Indonesia

Business that provides travel agency services to major corporates from Asia, seeks funds to expand.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 9 - 10 million
Run Rate Sales USD 11 million
EBITDA Margin 20 - 30 %
Industries Travel Agencies
Locations  North Jakarta
Local Time 9:18 PM Asia / Jakarta
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 3 million for 9.0% annual interest, 10 years (Native Currency: IDR 50,000,000,000)
Reason: Funds are required for business expansion in the entertainment sector by opening a nightclub. We als... View More
Collateral Available: USD 300 thousand
Includes physical assets worth USD 300 thousand
Interested to connect with advisors
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Business Overview
- Travel agency that offers services like airline ticketing, hotel arrangement, corporate rental, arranging land tours and business trips.
- We have tied-up with multiple companies for our services across Indonesia and have tied-up with 300+ hotel chains in Indonesia.
- We are currently serving only corporates and have 30 regular clients. Companies are from Asia, mostly from China, Taiwan, Korea, and the Philippines like Huawei, and Oppo.
- Business does not have any loans and is run by 4 owners who have a shareholding pattern of 75:5:15:5.
- We also supported the government in the quarantine program during the Covid pandemic.
- We plan on expanding our business and opening a night club which will be open to both individuals and corporates. We have already identified the location along with the land where we will set up the nightclub.
- The nightclub will be opened under the same legal entity but as a different brand.
Products & Services Overview
Hotel accommodation arrangement, corporate rental car, custom business trip arrangement for corporate or government, and corporate event organizer.
Assets Overview
Interiors and furniture of the rental office, and 8 owned cars.
Facilities Overview
Rental office covering 4 floors with 180 sq. meter area.
Capitalization Overview
Not Disclosed
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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