Tourism and Travel Company Raising Fund For Expansion

Listing ID: SL010949
Posted By: Owner
Last Active: 2+ months ago
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About Business

Online Travel Portal and Flights, Hotels, Bus, and Holidays online portal. Travel, and tourism.

Clientele type

B2B, sub-agents, B2C customers, and Corporates.

Premises

LEASED

Lease per month (in INR): 30.00 K

Security Deposit (in INR): 1.00 L

Carpet Area: 1,000 sq ft

Head Office based in Cochin, Kerala, and a Branch Office in Ahmedabad, Gujarat.

Asking Price Includes

Investor can remain as a silent investor or Directorship is offered to the investors who are investing above INR 3 Crore.

Asking Price

INR 10.00 Cr

Minimum ticket size

INR 2.00 Cr

Reason

A major part of the investment will be used to pre-purchase flight tickets for various peak periods which is the most profitable business.

More Details

The majority of the investment will be used to pre-purchase the flight tickets for various peak periods and sectors which is the most profitable business. Airlines sell their future departure tickets to travel agents at current and negotiated rates. Travel agents then sell these special fares after a few days with a significant profit margin. Biggest advantages of these special fares are the maximum profit margin to the travel agent. Travel agents do this kind of pre purchases by analyzing the demand of each sector depending on the festivals and peak season for each state of India.
For Example The company purchases a series of tickets from XYZ airlines in June for travelling from Mumbai to Dubai in Diwali season @ Rs.9,000/- per seat. Due to high demand, flight rate for this sector is increased to 20,000/- per seat on close to departure and the company sells their pre-purchased seats at a higher rate. In this case, profit to the company is Rs.11,000/- per seat. MD of the company has more than 25 years of experience in the industry.

Business Tags

ahmedabad Business in Gujarat Business In Kerala Business loan Cochin Director Equity equity investment Finance Fund Gujarat information technology business invest Invest in Gujarat Invest in Kerala investment investments kerala kochi machinery partner pharma profit real estate restaurant Revenue tourism Tourism and Travel Company Raising Fund for Expansion travel

Fundraising for ₹10 Cr – 500 Cr

Confidential Process Completed in 120 Days

Strategic Preparation, Aligned Investor Outreach and Seamless Closure

Supported by Advisors with 26+ Years of Experience

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