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Guest House Seeking Loan in Thinadhoo, Maldives

Profitable guest houses in Vaavu, Thinadhoo seek a strategic business partner who can invest.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 2 - 3 thousand
Run Rate Sales USD 15.6 thousand
EBITDA Margin 10 - 20 %
Industries Hotels + 1 more
Locations  Thinadhoo
Local Time 4:18 AM Indian / Maldives
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 260 thousand for 12.0% annual interest, 15 years (Native Currency: MVR 4,000,000)
Reason: Need funds from a strategic partner to build and expand business.
Collateral Available: USD 250 thousand
Includes physical assets worth USD 250 thousand
Interested to connect with advisors
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Business Name
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Proposal Details
Business Overview
- The occupancy rate of guesthouses is 80% throughout the year.
- We are available on bookings. com, and Air BnB and we receive around 5-6 booking daily through the platform.
- Guest house have 4 rooms in total.
- The guest house has a small cafe where we serve food.
- The financials mentioned is for both the guest houses together.
Products & Services Overview
Vacation rentals for tourists.
Excursions.
Speed boat transfer to/ from the airport.
Sea sports equipment rentals.
Seaplane tickets arrangements.
Assets Overview
Property with a buildup area of 1,000 sqft.
Facilities Overview
- Guest house is on a 2,000 sq feet area which is on 50 years lease period and is located in the beach front.
Capitalization Overview
- Fully funded by the owner.
- No loans/debts.
- 1 shareholder with 100 percent ownership.
- No outstanding payments to any suppliers or any parties.
Recent Activity
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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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