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Hotel Investment Opportunity in Gulhi, Maldives

Travel agency partnered with hotels/resort seeks investment to open own tourist hotel.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 30 - 40 thousand
Run Rate Sales USD 390 thousand
EBITDA Margin 10 - 20 %
Industries Hotels + 1 more
Locations  Gulhi
Local Time 3:35 AM Indian / Maldives
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 99 thousand for 20.0% stake (Native Currency: MVR 1,530,000)
Reason: To expand our operations.
Includes physical assets worth USD 6.5 thousand
Interested to connect with advisors
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Business Overview
- Maldives-based travel agency that started operations last year.
- Have catered to 200++ customers since inception. Our target customer base is tourists from South Asian and South-East Asian countries.
- We have now formed partnerships with 9 resorts and 25 guest houses across the Maldives.
- We have a strong online platform in order to increase sales.
- Promoter has 1 year of experience in the industry.
- The investor will get the stake in the travel agency for the investment made.
- We have a huge growth rate compared to last year as we have new arrivals from India for quarantine and our partnering properties are over booked for the next 3 months. Our valuation is based on current demand.
- During 2019 and due to the Covid pandemic and border closure we were affected badly. And with Covid, the resorts changed their payment policy where we have to pay immediately and the Bank of Maldives changed their policy on travel agencies payment portal. With these changes we haulted our operations across the nation. But we were taking local (where our business is located) bookings.
- Before the pandemic closure our demand was overloaded within a short period of time. Within 2 weeks we have acquired more than 20 resorts and 15 local hotels as partners. Also, we acquired more than 150 bookings within 12 days.
Products & Services Overview
Travel operator and travel agency providing vacation packages for the Maldives.
Assets Overview
Assets include the office, furniture, computers, and other office equipment.
Facilities Overview
We operate from a small owned office space.
Capitalization Overview
Not Disclosed
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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