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Newly Established Hotel Investment Opportunity in Male, Maldives

Beachfront hotel venture in Hulhumalé, a prime tourist location, seeking investment to commence the project.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Hotels
Locations  Male
Local Time 12:22 PM Indian / Maldives
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 65 thousand for 20.0% stake (Native Currency: MVR 1,000,000)
Reason: Seeking investment for hotel development.
Name, Phone, Email
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Business Name
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Documents
Business Overview
- Proposed hotel establishment in Hulhumalé, a prime location for tourism development in the Maldives.
- Opportunity to operate under a recognized franchise or develop an independent brand, enhancing market presence.
- 3 land parcels have been identified to start the projects of areas - 8,000 to 11,000 sqm, providing ample space for hotel facilities.
- Will be designed as a 3-4 floor hotel, featuring 16 rooms total (4 rooms per floor), maximizing occupancy rates.
- Beachfront construction offers direct access to the ocean, attracting tourists and enhancing guest experience.
- Rooftop restaurant planned to provide unique dining experiences with panoramic views, strengthening competitive edge.
- Initiative backed by the Housing Development Corporation of Maldives, inviting Expressions of Interest for upscale hotel operations.
- The business is not currently registered with the Ministry of Tourism but will obtain the required registration upon commencing operations.
- The promoter owns a grocery retail business.
Products & Services Overview
The proposed hotel establishment in Hulhumalé will offer upscale accommodation and dining services primarily targeting tourists visiting the Maldives.
The hotel will feature 16 beachfront rooms spread across 3-4 floors and a rooftop restaurant.
These services cater to international and local tourists seeking a premium beachside experience, providing direct access to the ocean and luxurious amenities.
Assets Overview
The business has no physical assets currently.
Facilities Overview
Planning to lease the land in Hulhumalé.
3 lands have been identified of area between 8,000 to 11,000 sqm.
Capitalization Overview
Currently there are 2 partners.
No outstanding loans.
Recent Activity
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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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