Mid-market Hotel Seeking Loan in Balmaha, UK
Business loan to start a new hotel in Loch-Lomond with cafe, shop, restaurant and bar.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 10 million |
| EBITDA Margin | Nil |
| Industries | Hotels |
| Locations | Balmaha |
| Local Time | 6:30 PM Europe / London |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
800 thousand
for
10.0%
annual interest,
1
year
(Native Currency: GBP 600,000)
Reason: The owners are seeking a business loan to start a new hotel in Loch Lomond. The primary funds are to...
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Collateral Available: USD 700 thousand
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Business Overview
Plans are in progress to acquire a new estate for hotel development.
We have submitted an offer at the agreed price between both parties and awaiting a legal response. The company was initially setup as Fort Sanctum, we wish to retain the name of the estate and we will rename accordingly.
The hotel is expected to begin operations by December of next year. It will offer around 28 guest rooms and 20 lodges.
We have submitted an offer at the agreed price between both parties and awaiting a legal response. The company was initially setup as Fort Sanctum, we wish to retain the name of the estate and we will rename accordingly.
The hotel is expected to begin operations by December of next year. It will offer around 28 guest rooms and 20 lodges.
Products & Services Overview
Upon its inauguration, the enterprise will manage a hotel equipped with a restaurant and bar. The organization will oversee a hospitality venue that provides dining and lounge services. When the establishment commences operations, it will feature a multifaceted hotel with a cafe, shop, restaurant, and bar.
Assets Overview
The business currently does not hold any physical assets.
Facilities Overview
At the moment, the business is in talks to acquire a piece of land of 40 acres in Loch Lomond in southern Scotland.
Capitalization Overview
Currently, the business is operated by 2 shareholders with equal shares.
Recent Activity
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Managing Director, Málaga, Investment Bank connected with the Business
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Director, Insurance And Finance Advisory, Ede, Individual Investor / Buyer connected with the Business
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Specialist Advisor, Investment Banking, London, Individual Investor / Buyer connected with the Business
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·Newly Established 4 Star Hotel Seeking Loan
·Newly Established 5 Star Hotel Seeking Loan
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·Lend to Newly Established 4 Star Hotel
·Lend to Newly Established 5 Star Hotel
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