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Tour Operator Seeking Loan in Biak, Indonesia

Our award-winning fishing guide services offer trips to fish in Papua with the local communities.

Established 20-30 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 160 thousand
Run Rate Sales USD 110 thousand
EBITDA Margin 40 %
Industries Tour Operators
Locations  Biak
Local Time 9:11 PM Asia / Jakarta
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 220 thousand for 40.0% annual interest, 3 years (Native Currency: IDR 3,500,000,000)
Reason: The owner wants to put the business back on track. After COVID-19 the business incurred losses and p... View More
Collateral Available: USD 120 thousand
Includes physical assets worth USD 280 thousand
Interested to connect with advisors
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Business Overview

• Experienced since 2008 in the Papua-Indonesia region, our fishing guide services are very experienced in achieving fishing goals for saltwater or freshwater and brackish water fish.

• We are a tour operator and fishing company based in Biak, Papua, Indonesia since 2008.

• Our business provides private exclusive trips, and group trips for fishing, and diving, and our experienced fishing guide services cover the entire Papua region, our services on average cost 550 USD.

• We are experts in fishing for Papuan black bass and spot tail bass.

• Our business has a cruise ship and boat services for fishing trips.

• We get clients from Australia, Singapore, Japan, and all over the world.

• We were also awarded by the Papua Government Tourism in 2014 and 2015.

Products & Services Overview

Our top-selling services are private exclusive trips, and group trips for fishing, and diving.

Assets Overview

Tangible assets include-

- Phinisi vessel worth IDR 5 billion.

- 4 boats worth IDR 600 million.

- 6 boat engines worth IDR 250 million.

- 2 operational cars worth IDR 620 million.

- Generator and camping equipment worth IDR 150 million.

- Office assets worth IDR 830 million.

- Office building and land worth IDR 2.1 billion.

- Land on the island worth IDR 330 million.

- Lodge at Lake worth IDR 220 million.

- Website, Facebook page, Instagram page.

Facilities Overview

The business has 1 fishing vessel and 4 other boats for fishing sports and diving activities.

Capitalization Overview

Since the business is developed by the owner, it is funded through the profits earned by the business, thus it does not have any outstanding debts/loans or another shareholder.

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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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