Travel Portal Investment Opportunity in Manama, Bahrain
Travel portal receiving 250-300 bookings on a daily basis seek investment.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 22 million |
| Run Rate Sales | USD 48 million |
| EBITDA Margin | Operating at loss |
| Industries | Travel Portals |
| Locations | Manama |
| Local Time | 3:07 PM Asia / Bahrain |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
1.2 million
for
7.0%
stake
(Native Currency: USD 1,200,000)
Reason: - Need funds for business growth and to improve the cash flow.
- The valuation is based on the last...
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Includes physical assets worth
USD
50 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Domain-Verification.pdf
(213.0 KB)
Business Overview
- Our offering does not just include booking flights and hotels, but we also address today's traveler needs for in-trip transport and lifestyle choices too.
- We are addressing price inefficiencies in travel by developing travel fintech solutions around cancellation, price tracking, price drop, and price locking needs of consumers.
- We receive around 250-300 flight bookings on a daily basis.
- Generate revenue by charging commissions of 7-12% per booking from airlines.
- Since the travel industry has improved significantly post Covid, bookings have also increased.
- The average ticket price is USD 450-500.
- We are addressing price inefficiencies in travel by developing travel fintech solutions around cancellation, price tracking, price drop, and price locking needs of consumers.
- We receive around 250-300 flight bookings on a daily basis.
- Generate revenue by charging commissions of 7-12% per booking from airlines.
- Since the travel industry has improved significantly post Covid, bookings have also increased.
- The average ticket price is USD 450-500.
Products & Services Overview
The portal provides flight ticket booking.We will be releasing our hotel's booking this quarter, and a couple of more fintech products before the end of this year.
Assets Overview
Tangible assets include 15 laptops, AC, and office furniture.
Facilities Overview
The office is located in the center of the city on a 100 sqm area with a monthly rent of USD 2,500.
Capitalization Overview
- Company has 5 shareholders.- Business is funded by personal funds.
- Company has no loan.
Recent Activity
-
Earlier than 15 daysDirector, London, M&A Advisor connected with the Business
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2 Investors already contacted this Business.
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