Newly Established Campground Investment Opportunity in Mugumu, Tanzania
Established | 0-1 year(s) |
Employees | 2 - 5 |
Legal Entity | Private Limited Company |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Campgrounds |
Locations | Mugumu |
Local Time | 11:04 AM Europe / London |
Listed By | Business Owner / Director |
Status | Recently Active |
The promoter is British and was a business manager with experience in project management, finance, IT, human resources, premises, health and safety. The promoter also has health and education experience and has served as a county, district, and parish councillor in the UK for several years. Additionally, they are a member of Rotary and hold a resident's permit for Tanzania.
Our financials are based on conservative estimates, but we believe we can improve on them if we start early enough to open by June/July this year. We have finalized quotations and timelines for orders and have contacted solar power providers, tent suppliers, and furniture suppliers. Recruitment will begin as soon as possible, starting with 15 staff members, including security, even though the national park also provides security.
We have extensive project management experience having started a charity, having secured funds for a £3.5 million water project through our charity in partnership with WaterAid and ministries in the UK and Tanzania. Additionally, we have built a school hostel, and the promoter has been involved in the Schools for the Future project in the UK. The promoter and the shareholder are both trustees of the charity, registered in both the UK and Tanzania, which has been running for over 10 years.
The promoter has family in the UK and frequently travels between the UK and Tanzania.
En-suite facilities offering privacy and comfort in all rooms/tents. Cultural activities and retreats will also be offered.
Later we plan on offering spa facilities. High quality, professional and welcoming service, close to airstrip and in a very sought after central area of Serengeti, with beautiful vistas across the savannah offering wonderful sunsets and sunrises. Local and international cuisine. Balloon safaris and walking safaris can also be arranged.
A number of tour operators are already stating they will use our camp. We have contacts with relevant authorities through our charity, which we are hopeful to support with small donations so we can still help local communities with our projects (water, sanitation, education and health). This would be a decision by all shareholders at a later date.
We hope to put these on decking to offer verandas for the tents. The camp will be on the savannah so it is relatively flat with mountains in the distance, and no one is able to put any other facility within 1 square km. It will be listed as a seasonal camp, but we can either go for a permanent camp next year or indeed expand to another camp elsewhere in three or four years. There will be a profit in the first year from the forecast. We are able to use the land now until we decide to leave by paying an annual fee to Tanapa (the park's authority).
The land will be leased for a fee of USD 2,000/ year, and we plan to start the operations with 10 tents and expand with time.
The promoter has 45% stakes.
Please note there are no values given below due to us not being operational yet.