Event Management Business Seeking Loan in Maldives
Established event management business in the Maldives, receiving 2-15 events\month, requires loans to expand.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Partnership (LLP) |
| Reported Sales | USD 117 thousand |
| Run Rate Sales | USD 117 thousand |
| EBITDA Margin | 20 % |
| Industries | Event Management |
| Locations | Maldives |
| Local Time | 6:23 PM Indian / Maldives |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
97 thousand
for
15.0%
annual interest,
5
years
(Native Currency: MVR 1,500,000)
Reason: Funds are required to get more supplies and machinery to run the business.
Collateral Available: USD 6.5
Includes physical assets worth
USD
39 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
-Established event planning and decoration business in the Maldives.
-Provides services such as decorations and planning, party props rental and party shop, photography studio, and food catering for weddings and corporate events.
-Specializes in providing wedding planning and decorations in resorts throughout the Maldives.
-Receives 2-15 events per month and is in high demand.
-Current team of 3 employees.
-Requires loans to expand and cater to more high-end clients.
-Experienced in providing services for weddings, corporate events, and birthday parties.
-Offers a unique and personalized experience for each event.
-Provides services such as decorations and planning, party props rental and party shop, photography studio, and food catering for weddings and corporate events.
-Specializes in providing wedding planning and decorations in resorts throughout the Maldives.
-Receives 2-15 events per month and is in high demand.
-Current team of 3 employees.
-Requires loans to expand and cater to more high-end clients.
-Experienced in providing services for weddings, corporate events, and birthday parties.
-Offers a unique and personalized experience for each event.
Products & Services Overview
Our services are wedding planning and decorations.
Assets Overview
Assets include:Around 1,200 bunchs of artificial flowers.
50+ backdrop structures.
Facilities Overview
Rented 150 sq ft godown located in Malé, Hulhumalé.Monthly rent MVR 18,000.
Capitalization Overview
No debts or loan liabilities.Self-funded business.
Developed through sales and incomes.
2 shareholders.
Shareholding split of 50/50.
Recent Activity
-
Earlier than 15 daysMD, Kochi, Financial Consultant connected with the Business
Tags:
Newly Established Event Management Business Seeking Loan in Maldives
·Lend to Newly Established Event Management Business in Maldives
·Newly Established Event Business Seeking Loan in Maldives
·Newly Established Event Management Business Seeking Loan
·Lend to Newly Established Event Business in Maldives
·Lend to Newly Established Event Management Business
·Newly Established Event Business Seeking Loan
·Lend to Newly Established Event Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 64,500+ other businesses of all sizes.
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.
You might also be interested in these businesses