Hotel Seeking Loan in Fuvahmulah, Maldives
Hospitality business operating hotel, restaurant, and diving center seeks funds to start a new hotel.
| Established | 5-10 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 900 thousand |
| Run Rate Sales | USD 930 thousand |
| EBITDA Margin | 40 % |
| Industries | Hotels + 1 more |
| Locations | Fuvahmulah |
| Local Time | 11:22 AM Indian / Maldives |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
2.6 million
for
10.0%
annual interest,
10
years
(Native Currency: MVR 40,000,000)
Reason: The funds will be used to build a new hotel and dive school.
Collateral Available: USD 2.6 million
Includes physical assets worth
USD
1.3 million
Interested to connect with advisors
Name, Phone, Email
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Business Name
Available after connect
User Verification
Documents
Business Overview
- Business that runs a hotel, restaurant and has tour and diving services.
- The operational hotel has 15 rooms and is overbooked during in season and has an occupancy rate of 40%-50% off-season.
- The restaurant has a seating capacity of 80 pax and is available on online delivery aggregators. It is a lake view restaurant. Receive 30-35 orders daily.
- Business is looking for funds to start a new hotel and diving facility.
- The land is already acquired for the new hotel but the design is yet to be completed. It will be a luxury hotel with 20 rooms, a swimming pool, and a sky view restaurant.
- Business only has 1 owner and is debt-free.
- The operational hotel has 15 rooms and is overbooked during in season and has an occupancy rate of 40%-50% off-season.
- The restaurant has a seating capacity of 80 pax and is available on online delivery aggregators. It is a lake view restaurant. Receive 30-35 orders daily.
- Business is looking for funds to start a new hotel and diving facility.
- The land is already acquired for the new hotel but the design is yet to be completed. It will be a luxury hotel with 20 rooms, a swimming pool, and a sky view restaurant.
- Business only has 1 owner and is debt-free.
Products & Services Overview
Business running a hotel, restaurant, cafe, diving, and tour facility. The hotel has a bar and a swimming pool.
Assets Overview
Land measuring 13,000 sq. ft. , hotel and restaurant buildings, vehicles, bikes, vessels, kitchen equipment, furniture and fixtures, and all interior infrastructure. The business owner will provide some personal assets as collateral.
Facilities Overview
The business owns 3 properties measuring 3,400 sq. ft. 6,000 sq. ft, and 3,600 sq. ft. The restaurant, hotel, and diving operations are operated from these places.
Capitalization Overview
Not Disclosed
Tags:
Fine Dine Restaurant Seeking Loan in Fuvahmulah, Maldives
·Casual Restaurant Seeking Loan in Fuvahmulah, Maldives
·Lend to Fine Dine Restaurant in Fuvahmulah, Maldives
·3 Star Hotel Seeking Loan in Fuvahmulah, Maldives
·4 Star Hotel Seeking Loan in Fuvahmulah, Maldives
·5 Star Hotel Seeking Loan in Fuvahmulah, Maldives
·Lend to Casual Restaurant in Fuvahmulah, Maldives
·Restaurant Seeking Loan in Fuvahmulah, Maldives
·Lend to 3 Star Hotel in Fuvahmulah, Maldives
·Lend to 4 Star Hotel in Fuvahmulah, Maldives
·Lend to 5 Star Hotel in Fuvahmulah, Maldives
·Hotel Seeking Loan in Fuvahmulah, Maldives
·Motel Seeking Loan in Fuvahmulah, Maldives
·Lodge Seeking Loan in Fuvahmulah, Maldives
·Lend to Restaurant in Fuvahmulah, Maldives
·Lend to Hotel in Fuvahmulah, Maldives
·Lend to Motel in Fuvahmulah, Maldives
·Lend to Lodge in Fuvahmulah, Maldives
·Fine Dine Restaurant Seeking Loan
·Casual Restaurant Seeking Loan
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