Need help?

Newly Established Hotel Seeking Loan in Balmaha, UK

Business loan to start a new hotel in Loch-Lomond with cafe, shop, restaurant and bar.
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 10 million
EBITDA Margin Nil
Industries Hotels
Locations  Balmaha
Local Time 2:48 AM Europe / London
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 800 thousand for 10.0% annual interest, 1 year (Native Currency: GBP 600,000)
Reason: The owners are seeking a business loan to start a new hotel in Loch Lomond. The primary funds are to... View More
Collateral Available: USD 700 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
Plans are in progress to acquire a new estate for hotel development.
We have submitted an offer at the agreed price between both parties and awaiting a legal response. The company was initially setup as Fort Sanctum, we wish to retain the name of the estate and we will rename accordingly.
The hotel is expected to begin operations by December of next year. It will offer around 28 guest rooms and 20 lodges.
Products & Services Overview
Upon its inauguration, the enterprise will manage a hotel equipped with a restaurant and bar. The organization will oversee a hospitality venue that provides dining and lounge services. When the establishment commences operations, it will feature a multifaceted hotel with a cafe, shop, restaurant, and bar.
Assets Overview
The business currently does not hold any physical assets.
Facilities Overview
At the moment, the business is in talks to acquire a piece of land of 40 acres in Loch Lomond in southern Scotland.
Capitalization Overview
Currently, the business is operated by 2 shareholders with equal shares.
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
5 Investors already contacted this Business. 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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more