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Travel Portal Investment Opportunity in Kingston, Jamaica

Invest in the Caribbean's premier travel portal/search engine, seeking funds for marketing and expansion.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 450 thousand
Run Rate Sales USD 420 thousand
EBITDA Margin 27 %
Industries Travel Portals
Locations  Kingston
Local Time 3:26 PM America / Jamaica
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 50 thousand for 10.0% stake (Native Currency: USD 50,000)
Reason: We have a fully operational, profitable platform and a thriving business poised for expansion. To su... View More
Includes physical assets worth USD 20 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Kingston-based travel tech startup is seeking investments to expand Caribbean travel services, connecting local airlines and hotels with international travellers.
- Pioneers in the Caribbean region, providing users with the ability to search and book flights, hotels, and unique tours, tapping into under-served travel markets.
- Option of a USD 50 discount on the first purchase encourages new user accounts, targeting North American and European travellers to optimize travel bookings.
- Cornerstone of growth: Facilitating 40 to 50 monthly bookings, with users able to access exclusive local airline and accommodation options not found on other platforms.
- Lean team of 8 employees efficiently manages operations, highlighting a scalable and cost-effective business model within the travel technology industry.
- The sales have marginally dipped due to seasonal fluctuations.
- Positioning as a niche travel search engine in the competitive online travel ERP and portal sector, aiming to increase user reach and market penetration.
- Prominent first-mover advantage in the Caribbean, connecting travellers to less accessible islands and travel offerings, enhancing user experience in an untapped market.
- Holding IATA certification, the company adheres to international standards, bolstering credibility and customer trust in the travel booking process.
Products & Services Overview
Our top-selling services include searching and booking flights, hotels, and tours around the Caribbean, as well as unique offerings not found on other platforms.
Users can create an account and book anywhere in the world, with a USD 50 discount on their first purchase.
We primarily cater to individuals from North America and Europe.
Assets Overview
Tangible assets: Furnishing and computers.
Intangible assets: Backend software and 15k customer base.
These intangible assets are valued at USD 250k.
Facilities Overview
We are currently relocating our rented office space to the outskirts of town to reduce costs, as we will not be facing customers directly.
Capitalization Overview
No loans.
Business is funded by its 3 directors.
We look to offer shares in the business in exchange for Capital Investment.
Recent Activity
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Contact Business
1 Investor contacted this Business this month. Register below to connect now!
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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