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Newly Established Hotel Investment Opportunity in Hanimaadhoo, Maldives

Business plans to start 20 rooms hotel that will be converted from already existing bungalows.

Established 0-1 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Hotels
Locations  Hanimaadhoo
Local Time 9:04 PM Indian / Maldives
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Investment
USD 170 thousand for 30.0% stake (Native Currency: USD 170,353)
Reason: Funds will be used to renovate and build 8 new rooms with attached toilets, and purchase furniture a... View More
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Business Overview

- Business plans to start a hotel by converting the bungalows owned by the owner into hotels.

- There are 4 bungalows with 3 rooms each and 2 more will be added to each.

- Hotel will have a beach view and is close to the international airport.

- Customers can go island hopping to nearby islands including historic islands like Utheem, Matheerah, and Barah, dolphin watching, snorkeling, night and big game fishing, and day tours to sandbank and diving to the coral reef.

- Sea trekking around H. Alifu and H. Dhaalu atolls will be also be introduced.

- Other significant amenities in spite of the season would be beach dinner arrangements, surprise birthday events, and a buffet once a week for dinner.

Products & Services Overview

Business plans to start a hotel by converting the bungalows owned by the owner.

Assets Overview

The business currently does not own any assets.

Facilities Overview

The 4 Bungalow is one and are story four separate houses, it sits in an area of 12,000, sq. ft. near the western beach in the island of Hanimadhoo in Northern Maldives.

The built-up area is about 6,000 Sq. Ft.

Though the bungalows are family-owned but will be rented for 10 years at the rate of USD 1297.00 per month for the first 5 years, and the next five years' rent will be determined by the rental market rate at the time.

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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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