Travel Agency Seeking Loan in Port Moresby, Papua New Guinea
Travel agency that is been involved in airline e-tickets, hotels and car booking services.
| Established | 10-20 year(s) |
| Employees | < 2 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 24.6 thousand |
| Run Rate Sales | USD 2.96 thousand |
| EBITDA Margin | 10 % |
| Industries | Travel Agencies |
| Locations | Port Moresby |
| Local Time | 2:44 PM Pacific / Port Moresby |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
4.9 thousand
for
8.0%
annual interest,
5
years
(Native Currency: PGK 20,000)
Reason: Need funds for working capital as the revenue has reduced in recent times.
Collateral Available: USD 0
Includes physical assets worth
USD
10 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Passport
(46.6 KB)
Business Overview
- Local, homegrown travel agency with quick and easy travel solutions for domestic and international flights.
- We receive 5-10 walk-in clients on a daily basis but that has reduced recently due to COVID.
- We have a good understanding of the travel industry.
- We specialize in the issuance of airline tickets with fare quotations.
- Business is operated by an ex-airline staff with more 30 years of experience in this industry.
- Have partnered with ticket booking agencies to book tickets.
- We charge a commission on the tickets booked to generate revenue.
- Sales have reduced due to less business and fewer customers as a result of the pandemic.
- We receive 5-10 walk-in clients on a daily basis but that has reduced recently due to COVID.
- We have a good understanding of the travel industry.
- We specialize in the issuance of airline tickets with fare quotations.
- Business is operated by an ex-airline staff with more 30 years of experience in this industry.
- Have partnered with ticket booking agencies to book tickets.
- We charge a commission on the tickets booked to generate revenue.
- Sales have reduced due to less business and fewer customers as a result of the pandemic.
Products & Services Overview
Airline ticket reservations, issuance of airline tickets online, making airline reservations for passengers, fare quotations with the knowledge of selling specials, hotel room booking, car hire.
Assets Overview
A computer, airline reservation software system, 5 office chairs, tables, a printer, lightings.
Facilities Overview
Rented office space on the second level of a building. Office is located in a very good location in the downtown area.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysExecutive, Food Products Wholesale, Izmir, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysProprietor, Diagnostic Lab, Visakhapatnam, Individual Investor / Buyer connected with the Business
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Contact Business
2 Investors already contacted this Business.
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