Travel Agency Seeking Loan in Punta Cana, Dominican Republic
Punta Cana-based travel business selling global vacation packages, seeks funding to restart operations.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 2.5 million |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Travel Agencies |
| Locations | Punta Cana |
| Local Time | 12:25 AM America / Santo Domingo |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
250 thousand
for
9.0%
annual interest,
3
years
(Native Currency: USD 250,000)
Reason: Seeking funding to restart business operations, including office rental, travel package sales, and m...
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Collateral Available: USD 0
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Business Overview
- Located in Punta Cana, this travel business specializes in selling vacation and travel packages for travelers, enabling them to enjoy destinations around the globe.
- Established a decade ago, the company operated primarily in Aruba and the Dominican Republic before becoming non-operational 4-5 years ago, due to the pandemic's impact on travel.
- Previously, the business generated impressive revenues of USD 200,000 to USD 250,000 per month, totaling over USD 2 million annually.
- The primary sales channels included social media platforms such as Facebook, Instagram, and Google, which were effective in driving engagement and package sales.
- At its peak, the company successfully sold between 5 to 10 vacation packages each day, showcasing strong customer demand and market potential.
- Moving forward, the business plans to diversify its sales strategy by incorporating physical sales alongside its existing online channels to maximize growth opportunities.
- Registered under the Dominican Republic government, there are no specific industry licenses required for operational compliance.
- Upon resuming operations, the business aims to significantly scale its revenues, targeting over USD 5 million annually as it reintegrates into the travel market.
- Established a decade ago, the company operated primarily in Aruba and the Dominican Republic before becoming non-operational 4-5 years ago, due to the pandemic's impact on travel.
- Previously, the business generated impressive revenues of USD 200,000 to USD 250,000 per month, totaling over USD 2 million annually.
- The primary sales channels included social media platforms such as Facebook, Instagram, and Google, which were effective in driving engagement and package sales.
- At its peak, the company successfully sold between 5 to 10 vacation packages each day, showcasing strong customer demand and market potential.
- Moving forward, the business plans to diversify its sales strategy by incorporating physical sales alongside its existing online channels to maximize growth opportunities.
- Registered under the Dominican Republic government, there are no specific industry licenses required for operational compliance.
- Upon resuming operations, the business aims to significantly scale its revenues, targeting over USD 5 million annually as it reintegrates into the travel market.
Products & Services Overview
The business’s top-selling products are vacation and travel packages along with hotel stay rentals, which are highly popular among travelers from North America, South America, and Europe.These packages typically include carefully curated accommodations in sought-after destinations such as the Dominican Republic and Aruba.
The company’s clientele ranged from couples and families to solo travelers seeking both leisure and adventure.
Assets Overview
The business doesn't have any physical assets of significant value.
Facilities Overview
We previously operated an office but had to close it due to inactivity. We have now identified a new office space within a beach club in Punta Cana, which we plan to rent once funding is secured.
Capitalization Overview
Self-funded.No outstanding loans or external funding obtained.
There is 1 owner in the business.
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