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Tour Operator Seeking Loan in Port Moresby, Papua New Guinea

Travel agency with 5,000 clients/mo, offering reliable travel solutions seeking funds to restart operations.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Other
Reported Sales USD 2.6 thousand
Run Rate Sales Nil
EBITDA Margin 0 - 10 %
Industries Tour Operators
Locations  Port Moresby
Local Time 10:56 AM Pacific / Port Moresby
Listed By Management Member
Status Recently Active
Overall Rating
Seeking Loan
USD 26 thousand for 5.0% annual interest, 10 years (Native Currency: PGK 100,000)
Reason: Need funds to restart operations.
Collateral Available: USD 5 thousand
Includes physical assets worth USD 13 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Full-service travel agency.

- Focus on reliable and practical travel and tour solutions.

- Competitive rates in the market.

- Expertise in local and international travel services.

- Services include airline reservations, customized tours, hotel accommodations, and car rentals.

- Arrangement of local tours.

- Potential for business growth due to the local population and existing client base.

- Currently not operational due to a lack of working capital.

- Serving 5,000 clients per month.

Products & Services Overview

- Services offered: ticketing, leisure, and tour package arrangements.

- Client base primarily consists of individuals, with a focus on local customers.

Assets Overview

Office equipment including laptops, computers, printers and accessories.

Facilities Overview

The building is located in the East Highlands on the 2nd floor, with 250 sq ft of space for a monthly rent of PGK 1,000.

Capitalization Overview

1. Business supported by the partner's own funds.

2. Equal ownership with a 50-50 split among shareholders.

3. No loans or debts are currently held by the business.

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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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