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Commuter Ferry Company Investment Opportunity in Saint George, Grenada

Start-up ferry company that plans to operate in five countries, seeking funds to start operations.
This Business is on a 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 Commuter Ferry
Locations  Saint George + 1 more
Local Time 9:50 PM America / Port of Spain
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
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... View More
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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.

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 days
    CFO, Sainte-Julienne, Financial Consultant connected with the Business
  • Earlier than 15 days
    MD, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Senior Advisor, Geneva, Financial Consultant connected with the Business
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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