Marine Passenger Transport Company Investment Opportunity in Saint George, Grenada
Start-up ferry company that plans to operate in five countries, seeking funds to start operations.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | < 2 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Marine Passenger Transport |
| Locations | Saint George + 1 more |
| Local Time | 6:52 PM America / Port of Spain |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
200 million
for
25.0%
stake
(Native Currency: USD 200,000,000)
Reason: The purpose of this investment is to partner with target countries to boost the individual economies...
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Interested to connect with advisors
Documents
Executive Summary
(979.4 KB)
Incorporation Certificate
(218.2 KB)
Business Overview
- Company is in the process to start inter-country ferry services for passenger, freight, parcel post containers.
- The company will have a clientele of citizens and tourists close to two million per year and we project a five per cent annual increase in passengers every year.
- Company shall provide the Caribbean with the first of its kind reliable and affordable fleet of fast ferries.
- We do not have ferries to operate but we have close contact with a broker through whom we will lease these ships.
- Have already held meetings with all the governments involved who have said that once we have a letter of intent (LOI) from an investor, we will have permissions granted.
- Phase 1 of the company would start with one ship between Trinidad and Tobago and Grenada. Then we would expand to other routes with more ships.
- Ships will have space for 200 passengers and offers first-class, business class and economy class accommodations.
- We would generate around USD 20 million annually for the initial few years.
- Promoter is based in Trinidad and Tobago and will operate the business from there.
- The company will have a clientele of citizens and tourists close to two million per year and we project a five per cent annual increase in passengers every year.
- Company shall provide the Caribbean with the first of its kind reliable and affordable fleet of fast ferries.
- We do not have ferries to operate but we have close contact with a broker through whom we will lease these ships.
- Have already held meetings with all the governments involved who have said that once we have a letter of intent (LOI) from an investor, we will have permissions granted.
- Phase 1 of the company would start with one ship between Trinidad and Tobago and Grenada. Then we would expand to other routes with more ships.
- Ships will have space for 200 passengers and offers first-class, business class and economy class accommodations.
- We would generate around USD 20 million annually for the initial few years.
- Promoter is based in Trinidad and Tobago and will operate the business from there.
Products & Services Overview
Inter-country ferry services for passenger, freight, parcel post containers.
Assets Overview
The company only owns the basic office equipment. All the other things such as ferries will be on a lease.
Facilities Overview
Rented head office in Saint George, Grenada.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysMD, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysSenior Advisor, Geneva, Financial Consultant connected with the Business
-
Earlier than 15 daysVP - Business Development, Los Angeles, Financial Consultant connected with the Business
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