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Fishing Business Seeking Loan in Ukulhas, Maldives

Loan opportunity: Maldives fishing charter offering professionally operated half-day and full-day fishing experiences.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 117 thousand
EBITDA Margin 30 - 40 %
Industries Tour Operators + 1 more
Locations  Ukulhas
Local Time 1:31 AM Indian / Maldives
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 97 thousand for 10.5% annual interest, 3 years (Native Currency: MVR 1,500,000)
Reason: The business is seeking a loan to purchase a new fishing charter boat. The additional boat will allo... View More
Collateral Available: USD 0
Includes physical assets worth USD 78 thousand
Name, Phone, Email
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Business Name
Available after connect
User Verification
Business Overview
- The business is a well-marketed fishing charter in the Maldives.
- It operates more than 20 fishing trips per month.
- Revenue is generated directly from bookings for half-day and full-day fishing trips.
- The promoter has established and developed the business and its customer relationships.
- The business has an established operating setup and an existing customer base supported by its marketing activities.
- The business is a sole proprietorship and has a trade license.
Products & Services Overview
The business primarily sells half-day and full-day fishing trips in the Maldives. These services are used by tourists and fishing enthusiasts seeking recreational fishing experiences. Trips are operated using the business’s 32-foot center-console boat powered by twin Honda 150 HP engines.
Assets Overview
Tangible assets:
- Honda charter (MVR 1.2 million)

Intangible assets:
- Social media accounts.
- Client base.
Facilities Overview
The business operates from its own 400 sq. ft. office. The office is owned by the promoter and is not a business asset.
Capitalization Overview
The business is currently fully funded by the sole owner and has no outstanding loans or other debt. There is 1 owner holding 100% ownership of the business.
Recent Activity
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1 Investor contacted this Business this week. 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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