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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 120 thousand
Run Rate Sales USD 120 thousand
EBITDA Margin 20 %
Industries Event Management
Locations Maldives
Local Time 1:01 PM Indian / Maldives
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 100 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 40 thousand
Interested to connect with advisors
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Business Name
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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.

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 days
    MD, Kochi, 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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