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Travel Agency Seeking Loan in Cotonou, Benin

An online travel agency specializing in the design of trips for travellers seeks loan.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales USD 9.6 thousand
EBITDA Margin 20 %
Industries Travel Agencies + 1 more
Locations  Cotonou
Local Time 4:15 AM Africa / Porto-Novo
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 24 thousand for 10.0% annual interest, 10 years (Native Currency: XOF 15,000,000)
Reason: Need funds to increase the activities of the business and expand the business to other countries.
Collateral Available: USD 19 thousand
Includes physical assets worth USD 16 thousand
Interested to connect with advisors
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Business Name
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Sales
Business Overview
- Online travel agency specialized in the design of trips for its travellers.
- We receive currently 5 bookings on a daily basis. Have successfully planned for 50 customers to date.
- Our growth rate increases up to 5% each month.
- We cater holiday packages to many destinations around the world as Cotonou, Dubai, Paris, New York, Mykonos, Prague, Rio de Janeiro, Nairobi, Johannesburg, Dakar, Abidjan, Miami, Ibiza, and Cancun.
- We charge a commission of 20% on each booking that happens through the website.
- Flights, accommodation, and transport are all included in the packages.
- The promoter has 14 years of experience.
- Company has 1 director and has no debts or liabilities.
Products & Services Overview
Travel agency selling tour packages, booking flights, accommodation, and site seeing.
Assets Overview
Tangible assets - office furniture.
Intangible assets - brand, registration website, and social webpages.
Facilities Overview
Own office of area 100 square meters.
Capitalization Overview
Not Disclosed
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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