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Tour Operator Seeking Loan in Sal, Cape Verde

Tour operator that providing leisure and adventure based on digital and VIP excursions.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 43 thousand
Run Rate Sales USD 80 thousand
EBITDA Margin 35 %
Industries Tour Operators
Locations  Sal
Local Time 12:55 PM Atlantic / Cape Verde
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1.3 million for 8.0% annual interest, 5 years (Native Currency: EUR 1,200,000)
Reason: We are an emerging travel and hospitality project, designed with investment and expansion phases, wi... View More
Collateral Available: USD 1.3 million
Includes physical assets worth USD 11 thousand
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Business Overview

- We have been working in tourism on Sal Island for the last 8 years, promoting services for thousands of tourists during these years (transfers, sea excursions, quadbike excursions, trekking excursions, and land excursions).

- We have relationships with different companies in Europe, the tourism provider for the Cape Verde destination.

- We currently lease a boat from another company to offer boat tours.

- With the acquisition of a new VIP boat, we will be the first local provider to invest in modernizing our travel company and tourism services, based on the digital and blue economy.

- The pleasure VIP boat is going to work as a unique, the first one in Cape Verde, an exclusive design of a VIP leisure boat for 50 pax. Expecting 1,000 customers a month, with digital payment and cash.

Products & Services Overview

Full-day boat trip.

Private tour offroad.

Incoming tourism package.

Product Island over the branch of the company.

Transfer services.

Flight ticket services.

Trekking services.

VIP leisure boat (weddings, restaurant service, parties. )

Currently, the top-selling services are excursions and airport transfers.

Cape Verde receives around 900,000 tourists annually, Sal Island represents 65% of the incoming. We have agreements with international travel agencies, international transfer providers, hotel guests, and direct sales to customers. We will soon provide online sales along with our existing physical/offline sales.

Assets Overview

Tangible assets include.

- Furnitures, vehicles, computers.

- Small fishing boat.

Intangible assets include:

Software, Website.

Tourism Products.

Facilities Overview

The company is located at Sal airport, where it has a rented office for monthly rent.

Capitalization Overview

The company currently has no debts. Currently, the company works by organizing land excursions, transfer services, sea activity services, and trekking. It has a single shareholder who holds 100% of the capital.

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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