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Newly Established Campground Investment Opportunity in Mugumu, Tanzania

Pre-revenue startup tourism company seeking investment to establish a luxury tented camp in Serengeti, Tanzania.
We are not operational yet and are seeking investment to set up the camp, having secured the land. The business partner and promoter have known each other for about 12 years. The partner is an experienced tour operator and a highly competent guide, while the promoter has voluntarily assisted him with his company for about 10 years. We are well-versed in the industry, have many contacts, and understand the laws and regulations in Tanzania. The promoter is British and was a business manager with experience in project management, finance, IT, human resources, premises, health and safety. The promoter also has health and education experience and has served as a county, district, and parish councillor in the UK for several years. Additionally, they are a member of Rotary and hold a resident's permit for Tanzania. Our financials are based on conservative estimates, but we believe we can improve on them if we start early enough to open by June/July this year. We have finalized quotations and timelines for orders and have contacted solar power providers, tent suppliers, and furniture suppliers. Recruitment will begin as soon as possible, starting with 15 staff members, including security, even though the national park also provides security. We have extensive project management experience having started a charity, having secured funds for a £3.5 million water project through our charity in partnership with WaterAid and ministries in the UK and Tanzania. Additionally, we have built a school hostel, and the promoter has been involved in the Schools for the Future project in the UK. The promoter and the shareholder are both trustees of the charity, registered in both the UK and Tanzania, which has been running for over 10 years. The promoter has family in the UK and frequently travels between the UK and Tanzania.
Pre-revenue startup tourism company seeking investment to establish a luxury tented camp in Serengeti, Tanzania.
7.1   Mugumu
Run Rate Sales
Nil
EBITDA Margin
Nil
Partial Stake Sale
USD 810 K for 20%
Contact Business
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Newly Established Campground Investment Opportunity in Mugumu, Tanzania

Pre-revenue startup tourism company seeking investment to establish a luxury tented camp in Serengeti, Tanzania.
We are not operational yet and are seeking investment to set up the camp, having secured the land. The business partner and promoter have known each other for about 12 years. The partner is an experienced tour operator and a highly competent guide, while the promoter has voluntarily assisted him with his company for about 10 years. We are well-versed in the industry, have many contacts, and understand the laws and regulations in Tanzania. The promoter is British and was a business manager with experience in project management, finance, IT, human resources, premises, health and safety. The promoter also has health and education experience and has served as a county, district, and parish councillor in the UK for several years. Additionally, they are a member of Rotary and hold a resident's permit for Tanzania. Our financials are based on conservative estimates, but we believe we can improve on them if we start early enough to open by June/July this year. We have finalized quotations and timelines for orders and have contacted solar power providers, tent suppliers, and furniture suppliers. Recruitment will begin as soon as possible, starting with 15 staff members, including security, even though the national park also provides security. We have extensive project management experience having started a charity, having secured funds for a £3.5 million water project through our charity in partnership with WaterAid and ministries in the UK and Tanzania. Additionally, we have built a school hostel, and the promoter has been involved in the Schools for the Future project in the UK. The promoter and the shareholder are both trustees of the charity, registered in both the UK and Tanzania, which has been running for over 10 years. The promoter has family in the UK and frequently travels between the UK and Tanzania.
Pre-revenue startup tourism company seeking investment to establish a luxury tented camp in Serengeti, Tanzania.
7.1   Mugumu
Run Rate Sales
Nil
EBITDA Margin
Nil
Partial Stake Sale
USD 810 K for 20%
Contact Business
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