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Marine Port Services Company Investment Opportunity in Malé, Maldives

Boat yard company operated by a highly experienced promoter seeks seed funding.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Marine Port Services
Locations  Malé
Local Time 11:08 AM Indian / Maldives
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 200 thousand for 70.0% stake (Native Currency: MVR 3,000,000)
Reason: Startup funding to meet the following opportunities: - High demands, Easy excess market, next to ca... View More
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Business 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 boatyard with a Hoist Crane and a full machine workshop which will mainly serve all types 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

Lease premise of 50,000 sq. ft for 20 years. Can extend lease period within one year operations.

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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