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Travel Portal Seeking Loan in Havana, Cuba

Award-winning online travel agency offering unique Cuban vacation packages, now seeks funding to expand operations.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 194 thousand
Run Rate Sales USD 196 thousand
EBITDA Margin 15 %
Industries Travel Portals
Locations  Havana
Local Time 9:28 PM America / Havana
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 23.3 thousand for 3.5% annual interest, 3 years (Native Currency: CUP 600,000)
Reason: We are seeking this loan for marketing and promotional activities, to expand and strengthen the busi... View More
Collateral Available: USD 0
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Business Name
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Business Overview
- The business is an online travel agency based in Havana, specializing in unique accommodations and vacation packages in Cuba.
- It has been recognized for excellence, winning awards such as Best Online Accommodation Reservation System from LUXlife and Best Specialist Holiday Company in Cuba from SME News.
- The agency sells over 30 vacation packages per year, primarily targeting individuals and families traveling to Cuba.
- Customers can easily book accommodations through the company’s user-friendly website or via WhatsApp, enhancing convenience and accessibility.
- The website features an updated database showcasing private homes for rent in 9 popular tourist destinations across Cuba, complete with photos for easy selection.
- A reliable online payment gateway, TropiPay, is integrated into the website, ensuring secure transactions for customers.
- The business operates with a lean structure, comprising 2 permanent employees and collaborating with freelancers and outsourced agents to manage operations effectively.
- Registered in Germany, the agency benefits from operational flexibility, as it does not require industry-specific licenses to conduct business in Cuba.
Products & Services Overview
- Online booking of unique accommodations, transfers, tours, and vacation packages across Cuba.
- Offers personalized travel services for foreigners, tourists, and travelers, including assistance both before arrival and during their stay. The majority of the client base comes from the UK and Europe.
Assets Overview
The business doesn't have any physical assets of significant value.
Intangible assets include:
- Full developed website and domain.
- Updated list of services providers.
Facilities Overview
The work team, based in Havana (the capital of Cuba), operates remotely without a dedicated office, focusing on managing the website and ensuring tourist client satisfaction.
Capitalization Overview
The business is self- funded and has a single owner. There are no debts or liabilities of any kind.
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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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