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Cruise Line Equity Stake For Sale in Dubai, UAE

Require funds to purchase a luxury cruise ship from an Egyptian company and operate it in Bulgaria.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 2.3 million
Run Rate Sales USD 3.3 million
EBITDA Margin 25 %
Industries Cruise Lines
Locations  Dubai
Local Time 5:01 PM Asia / Dubai
Listed By Management Member
Status Active
Overall Rating
Partial Stake Sale
USD 3.24 million for 70.0% stake (Native Currency: EUR 2,800,000)
Reason: Looking for investors to help us purchase the ship and operate it in Bulgaria. Open to negotiation. ... View More
Includes physical assets worth USD 3.24 million
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- Business is looking to purchase a luxury cruise ship.
- We are an advisory firm that has various investments in projects.
- We came across this opportunity and would like to take it forward with the help of an investor.
- The ship was built and designed in Cairo, Egypt. The company that built the ship has a reputation of building the highest quality ships in Egypt. There was also advisory from the Chief Engineer of the Hungarian Ship Building factory during the steel constructional work.
- The ship has 63 deluxe rooms, 2 suites, restaurants, lounge area, bar, sun deck with a pool, jacuzzi, business center with internet connection, gym and spa, boutique and gift shops.
- All the cabins have large panorama windows that can be opened.
- Cabins have Mahogany furniture with an Empire style brass art, mini bar, TV, mini safe. There is a TV and audio access at each bathroom as well.
- Particular attention was paid to the construction of the engine room. Over-sized engine bearers, flexible engine mounts, flexible couplings to the entire engine room. Final result is a vibration free quiet vessel. During a cruise guests appreciate this smooth running ship.
- Due to the political instability in Egypt, the owner is looking to sell the ship.
- We are planning on purchasing the ship and bringing it to Bulgaria, where it will sail on the Danube river.
- The average ticket price is 80 Euro per head. The cruise currently receives an average of 100 daily passengers.
- There is a maximum capacity to accommodate 200 passengers.
- The price of the ship was initially 3.8 Million Euros, but we have managed to bring down the price to 2.8 Million.
- Looking for investors to partner with us to purchase this ship and run operations in Bulgaria.
Products & Services Overview
Luxury cruise ship 3 deluxe rooms, 2 suites, restaurants, lounge area, bar, sun deck with a pool, jacuzzi, business center with internet connection, gym and spa, boutique and gift shops.
Facilities Overview
The ship is 72 Meters wide, 15 Meters in Height and has 5 decks.
Capitalization Overview
Not Disclosed
Recent Activity
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2 Investors contacted this Business this month. Register below to connect now!
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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