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Newly Established Guest House Seeking Loan in Malé, Maldives

The company operating 3 guesthouses in the Maldives looking for business loan for new project.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 18 million
EBITDA Margin 10 - 20 %
Industries Guest Houses
Locations  Malé
Local Time 1:18 AM Indian / Maldives
Listed By Advisor / Business Broker
Status Active
Overall Rating
Seeking Loan
USD 11 million for 10.5% annual interest, 7 years (Native Currency: USD 10,940,000)
Reason: The business is seeking an investment loan to carry out a tourism sector business which will have a ... View More
Collateral Available: USD 11 million
Includes physical assets worth USD 75 million
Interested to connect with advisors
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Business Overview
- Business running guest houses and hotels in the Maldives looking for a business loan.
- The business currently operates 3 guest houses and will start more operations soon.
- The company with a lot of properties up for investment and assets that are up for purchase.
- They have connections to the leading companies of Maldives.
- The different guesthouses have an accommodation capacity of 70-12-56.
- Guesthouses also have restaurants, pools, and vehicle services to and from the airport.
- The founders have over 20 years of experience in this industry.
- The company is a registered limited Company in Maldives. The company has the license to operate travel agencies, license to operate guest houses in Maldives, license to operate construction projects in Maldives.
- Since we help companies to get investors we dont have much work to allocate more personal. Therefore the revenue is high though there are only 2 employees.
Products & Services Overview
Guesthouses and private islands for purchase and long-term lease.
Assets Overview
4,000 Sq. Ft. land.
3,800 Sq. Ft. land.
4,000 Sq. Ft land.
2 private islands.
1 resort Island.
1 guest house.
1 city hotel.
Facilities Overview
The three guesthouse properties are owned by the business. The total space is 14,900 Sq. Ft. These guesthouses are located in Hulhumale and Baa Atoll.
Capitalization Overview
- Currently, the business is run by the owner's capital and director’s share contribution.
- As the current project needs a huge investment, the project is still on hold.
- There are 5 partners in the business. The.
Shares are equally divided among 3 partners and the MD has a 40% share. One partner is a sleeping partner.
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1 Investor contacted this Business this month. Register below to connect now!
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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