Newly Established Motorsports Company Equity Stake For Sale in Addu City, Maldives
Watersports and excursions company in Addu City seeks investment to scale activities and operations.
| Established | 0-1 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Sports Facilities + 1 more |
| Locations | Addu City |
| Local Time | 9:19 PM Indian / Maldives |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
195 thousand
for
49.0%
stake
(Native Currency: MVR 3,000,000)
Reason: The owner is looking for a strategic investor who can help the owner scale the business.
Includes physical assets worth
USD
13 thousand
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Business Overview
- Watersports and excursion company based on a local island in Addu City, offering a wide range of motorized and non-motorized activities.
- Works with local tourism operators and maintains connections with fishing groups and clubs from China.
- Services include boat excursions, jet skiing, windsurfing, fishing trips, and other recreational water-based activities.
- Operations were restarted only a few weeks ago after being paused last year due to the owner’s involvement in another business, which is why annual revenue is currently unavailable.
- Business is fully owner-funded, has no loans, and is run by a single promoter.
- Team consists of 6 employees handling activity operations, equipment management, and customer service.
- The business operates with a valid business registration certificate.
- Works with local tourism operators and maintains connections with fishing groups and clubs from China.
- Services include boat excursions, jet skiing, windsurfing, fishing trips, and other recreational water-based activities.
- Operations were restarted only a few weeks ago after being paused last year due to the owner’s involvement in another business, which is why annual revenue is currently unavailable.
- Business is fully owner-funded, has no loans, and is run by a single promoter.
- Team consists of 6 employees handling activity operations, equipment management, and customer service.
- The business operates with a valid business registration certificate.
Products & Services Overview
Boat excursions, jet skiing, and fishing trips serving tourists, local travelers, and international clients from partner fishing groups.
Assets Overview
- Physical assets include two jet skis, two speedboats, a car, windsurfing equipment, boats, masks, and related gear.- Intangible assets include the business registration certificate.
Facilities Overview
- Operates from a rented office with a monthly rent of MVR 10,000.
Capitalization Overview
- Business is fully owner-funded, has no loans, and is run by a single promoter.
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