Delhi Based Travel & Tour Business Looking for Investment
About Business
It is a well-established travel company started in 2015 and registered as a sole proprietorship. It’s an e-travel company that offers travel related services around the world.
Services :They provide both Domestic & International travel services and has a B2B and B2C model. It is a one-stop shop for all travel products for individuals, families, and corporates. They offer many types of packages like Domestic Tourism, Adventure Tours, Honeymoon Packages and International Tour Packages.
Market Penetration: They have a tie-up with 500 travel agents and 200 corporates. They do online promotion through social media marketing. and on average they get daily 40 customers directly from the portal.
Infrastructure & Team The office rent is INR 15,000 with an area of 400 sq.ft. The company has paid INR 45,000 as a security deposit. They have a total team size of 6. During peak season they hire more employees on a contract basis. The owner has 7 years working experience with big corporates at good designation.
The turnover for the FY 2017-18 was INR 50 lakhs with a net profit margin of 20%. The owner is looking for an investment of INR 1 crore for expansion in lieu of equity. The company can reach INR 10 crores turnover in 3 years time frame by investment options.
Reason
Lack of Working Capital
Business Tags
₹10 to ₹200 Cr
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