Marine Port Services Company Investment Opportunity in Maldives

Boat yard company operated by a highly experienced promoter seeks seed funding.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Locations
Local Time
11:43 PM Maldives
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 320 thousand for 70.0% stake (Native Currency: MVR 5,000,000)
Reason: Startup funding to meet the following opportunities: - High demands, Easy excess market, next to Ca... View More
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Business Name
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Business Overview

- Our retail outlet is fully stocked and offers a complete range of marine products and hardware for commercial and residential use and has highly qualified staff.

- Will be providing services for cargo and logistics.

- Have acquired a land of 50,000 Sq Ft at a prime location for 20 years beside the bay and will be easily accessible by the market businesses.

- We want to set up a boat yard with Hoist Crane and full machine workshop which will mainly serve all type of marine Vessels, Fishing Boats, Cargo Boats, Resort Vessels.

- The yard will have a capacity of holding 450 tonnes of weight which can be further increased.

- We are expecting to generate a high revenue by the end of financial year since this would be only yard in our location.

- Investment will start yielding returns in 2 - 3 years.

- Post-investment we would take 4 months to complete the constructions and start the business.

- Promoters have 22+ years of experience in same field.

Products & Services Overview

- Dry-docking.

- Repair and maintenance.

- Welding and Galvanising.

- Marine Refrigeration / Air Conditioning.

- Electrical / Mechanical / Electronics.

- Crew Facilities / Accommodation.

Facilities Overview
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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