Business Overview
- Highly recommended furnished apartments in Ajman.
- Just 2 minutes of walking distance to the Ajman Corniche /Ajman Beach.
- The facility has 28 apartments.
- Our occupancy rate is 85.72%.
- We have corporate clients, online bookings, and walking clients.
Products & Services Overview
We are a hotel in Ajman, with 28 apartments, a cafe, spa, and a restaurant.
Capitalization Overview
There are 2 partners and 1 local as a sponsor with a stake of 51%, 25%, and 24%. There are no loans and the company is funded by saving previous employment and operational income.
Assets Overview
Physical assets include the interiors of the spa, the cafe/restaurant area, and all the furniture and electric equipment in the building.
Seeking Loan
USD
82 thousand
for
10.0%
annual interest,
3
years
(Native Currency: AED 300,000)
Reason: One of the partners wishes to invest in his other business and requesting for his shares to refund.
Collateral Available: USD 0
Includes physical assets worth
USD
79 thousand
Interested to connect with advisors
In talks with 1 Investor