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Tour Operator Seeking Loan in Arusha, Tanzania

One stop travel company for African destinations is seeking a loan.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 63 thousand
Run Rate Sales USD 156 thousand
EBITDA Margin 40 %
Industries Tour Operators
Locations  Arusha
Local Time 11:08 PM Africa / Dar es Salaam
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 50 thousand for 12.0% annual interest, 3 years (Native Currency: USD 50,000)
Reason: To purchase additional gear and equipment.
Hire more staff and expand.
Collateral Available: USD 100 thousand
Includes physical assets worth USD 200 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview

1. The company is an up-and-coming travel agency based in Arusha, Tanzania with 12 employees.

2. Company specializes in African destination tours, offering safaris, trekking, beach holidays, cultural tours, and historical tours.

3. Business offers combined tours of different destinations as one package and also provides group tours.

4. We serve clients from around the world.

5. The company has established a strong reputation in the local market and is well-positioned to take advantage of the growing demand for African destination tours.

6. Has a strong team of experienced and knowledgeable professionals that are committed to providing excellent customer service.

7. On average, we receive 10-15 tourists per month and this increases during peak season.

8. Business has its own property but the fund is now required as liquid cash for expansion.

9. We get bookings from our own websites, Instagram page and 3rd party websites.

Products & Services Overview

Safari.

Trekking.

Beach holiday.

Cultural tours.

Historical tours.

Assets Overview

Land.

5 computers.

Furniture.

1 car.

Other office supplies.

Facilities Overview

We have an owned office space in Arusha. Also opening a new office.

Capitalization Overview

- The company has two shareholders both Tanzanian.

- Currently, the company doesn't have any debt.

- One owner has the majority shares of 80%

Recent Activity
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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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