Tourism and Travel Company Raising Fund For Expansion
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Product / Service
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.
Other 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.
Keywords
Business Tags
₹10 to ₹200 Cr
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