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Newly Established Airport Operator Seeking Loan in Malé, Maldives

Travel agency seeking debt investment to start the development of a seaplane terminal in Maldives.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 600 thousand
EBITDA Margin 30 - 40 %
Industries Airport Operators + 1 more
Locations  Malé
Local Time 7:12 PM Indian / Maldives
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 450 thousand for 15.0% annual interest, 4 years (Native Currency: USD 450,000)
Reason: We would like to build a seaplane terminal in Maldives local island, this terminal is first local te... View More
Collateral Available: USD 400 thousand
Includes physical assets worth USD 300 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- We are a travel and tourism business located in the Maldives.

- We provide outbound travel services to Dubai and Turkey.

- We plan to start a seaplane terminal in the Maldives.

- Have tied up with the largest seaplane operator in the country to start the operations.

- Will buy our own seaplanes in the next stage of business operations.

- Business is managed by one person and is debt-free.

Products & Services Overview

We provide outbound travel services to Dubai and Turkey and will soon start in Qatar. we plan to start a seaplane terminal along with a seaplane platform, cafeteria, and a private bus.

Assets Overview

The physical assets of the business include a minibus that has been recently purchased, 25 speed boats. We will buy seaplanes in the next stage of business.

Facilities Overview

We have leased land of 2,800 sq. ft. The total area we work on including the land and sea is 6,000 sq. ft.

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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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