Travel Portal Equity Stake For Sale in Dubai, UAE
Online B2B aggregator of hotels rooms, apartments and sightseeing services worldwide.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 10 - 20 million |
| Run Rate Sales | Nil |
| EBITDA Margin | 0 - 10 % |
| Industries | Travel Agencies + 1 more |
| Locations | Dubai |
| Local Time | 6:29 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
680 thousand
for
75.0%
stake
(Native Currency: AED 2,500,000)
Reason: - We are selling a majority stake in the business to settle the debt of AED 1.5 million and addition...
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Includes physical assets worth
USD
163 thousand
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Business Overview
- Company provides an online B2B aggregation of hotels, apartments, and sightseeing services.
- Our clients are travel agents and we have 14,000 registered clients out of which more than 8,000 were active before lockdown.
- We were active in 21 markets which includes countries in Africa, South East Asia, Eastern Europe, GCC.
- Have offices space in UAE but do not have an active running office now.
- Director of the company has 20 years of experience.
-Have received many awards in the past.
- The promoter is currently in India.
- Due to Covid, our business was shut down. The company has outstanding payments of AED 1.5 million and an additional loan against the office of AED 500,000.
- The promoter is looking to sell a majority stake in the company due to lack of capital and restart the operations.
- Our clients are travel agents and we have 14,000 registered clients out of which more than 8,000 were active before lockdown.
- We were active in 21 markets which includes countries in Africa, South East Asia, Eastern Europe, GCC.
- Have offices space in UAE but do not have an active running office now.
- Director of the company has 20 years of experience.
-Have received many awards in the past.
- The promoter is currently in India.
- Due to Covid, our business was shut down. The company has outstanding payments of AED 1.5 million and an additional loan against the office of AED 500,000.
- The promoter is looking to sell a majority stake in the company due to lack of capital and restart the operations.
Products & Services Overview
Aggregation and sale in online B2B space for hotel rooms, apartments, sightseeing, point-to-point transfers, technology services to enable travel companies to go online, and apps management.
Assets Overview
Physical assets include 700 Sq ft Office in JLT, Dubai which is owned by the company.
Facilities Overview
1 location for technology support is working in New Delhi India with 7 persons.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
-
Earlier than 15 daysPartner, Events, Production And Travel, Dubai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, Restaurant, Belfast, Individual Investor / Buyer connected with the Business
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