Newly Established Guest House Seeking Loan in Fuvahmulah, Maldives
Seeking a business loan for opening a 15-room guest house with restaurant in Fuvahmulah Islands.
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Guest Houses |
| Locations | Fuvahmulah |
| Local Time | 12:22 AM Indian / Maldives |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
130 thousand
for
13.0%
annual interest,
5
years
(Native Currency: MVR 2,000,000)
Reason: We are seeking this funding to open a 15-room guest house.
The guest house is estimated to be opera...
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Collateral Available: USD 65 thousand
Includes physical assets worth
USD
65 thousand
Interested to connect with advisors
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Business Name
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Documents
Logo of The Company
(42.3 KB)
Business Overview
- Located in the idyllic Fuvahmulah Islands, the guest house will appeal to both domestic and international tourists, capitalizing on the region's natural beauty.
- Plans to offer a unique accommodation experience with an integrated in-house restaurant, enhancing guest satisfaction and generating additional revenue.
- Strategic sourcing of room moulds from China ensures high-quality construction and modern design.
- Immediate post-funding initiatives include design approval and collaboration with the local city council, streamlining the development process.
- Experienced promoter with a proven track record: successfully operated a guest house in Male for 3 years.
- Strong potential for growth in a rising tourism sector, benefiting from increasing interest in the Maldives beyond traditional hotspots.
- Plans to offer a unique accommodation experience with an integrated in-house restaurant, enhancing guest satisfaction and generating additional revenue.
- Strategic sourcing of room moulds from China ensures high-quality construction and modern design.
- Immediate post-funding initiatives include design approval and collaboration with the local city council, streamlining the development process.
- Experienced promoter with a proven track record: successfully operated a guest house in Male for 3 years.
- Strong potential for growth in a rising tourism sector, benefiting from increasing interest in the Maldives beyond traditional hotspots.
Products & Services Overview
The business will be a guest house on the beautiful Fuvahmulah Islands and will provide accommodation to both foreign and local guests.Will also have an in-house restaurant.
Assets Overview
Tangible asset: owned land worth MVR 1 million.
Facilities Overview
Operating from an owned office in Male.The guest house will be constructed on an owned 3,600 sq ft of land on the Fuvahmulah Islands, Maldives.
G+2 floors will have 15 rooms and a terrace restaurant.
Capitalization Overview
The land has a loan of USD 13k, and the company is 100% owned by the promoter.
Recent Activity
-
Earlier than 15 daysDirector, Educational Institution, Ujjain, Individual Investor / Buyer connected with the Business
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