Need help?

Newly Established Marine Passenger Transport Business Investment Opportunity in Hulhudhuffaaru, Maldives

Investment opportunity for partial stake in marine passenger transport business expecting $20K+ revenue per boat/month.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 48 thousand
Run Rate Sales USD 48 thousand
EBITDA Margin 30 - 40 %
Industries Marine Passenger Transport
Locations  Hulhudhuffaaru
Local Time 2:53 PM Indian / Maldives
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 400 thousand for 50.0% stake (Native Currency: USD 400,000)
Reason: We seek investment to purchase two boats, each with a 30-person capacity, expecting a monthly revenu... View More
Includes physical assets worth USD 50 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- The company is a marine passenger transport business specializing in private speedboat hire between Malé and Raa Atoll, covering over 20 islands, meeting the high demand in the region.
- Currently, we operate with one 15-seater speedboat, facilitating 2 to 4 trips daily, demonstrating consistent utilization of our transport assets.
- The promoter with 4 years of robust industry experience in the marine passenger transport sector, we have established our presence and expertise within this niche.
- Our strategic location in Hulhudhuffaaru positions us at the heart of the bustling tourism corridor between Malé and the Raa Atoll, optimizing accessibility for tourists.
- We hold a Marine Vessel Registration Certificate, which ensures our operations meet necessary legal and safety standards, enhancing our reliability and trustworthiness in the transport industry.
- Due to the surge in tourist inflow and consistent demand for marine transportation, we are actively seeking business partners to expand our services, particularly to establish a ferry service.
- Our targeted expansion will capitalize on the existing high demand and increase transport frequency, potentially improving revenue streams and market footprint in the flourishing marine passenger transport industry.
Products & Services Overview
Marine passenger transport business operating between Malé and Raa Atoll, covering 20+ islands. Currently, we run one speed boat (15-person capacity) and are looking to expand due to high demand.
Catering to tourists.
Assets Overview
The tangible asset includes our speed boat.
Facilities Overview
We currently operate one speed boat with a 15-person capacity and do not have an office.
Capitalization Overview
The business has no loans and is a sole proprietorship firm.
Recent Activity
  • Earlier than 15 days
    Sales Associate, Makati, Financial Consultant connected with the Business
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
1 Investor 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