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Newly Established Serviced Apartment Seeking Loan in Amlapura, Indonesia

Reinventing senior living by providing more for less in an affordable ocean-view tropical venue.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Serviced Apartments
Locations  Amlapura
Local Time 4:16 PM Asia / Choibalsan
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 140 thousand for 10.66% annual interest, 3 years (Native Currency: IDR 2,280,000,000)
Reason: Willing to work with smaller investors. We need funds to finish construction. Land and building are... View More
Collateral Available: USD 370 thousand
Includes physical assets worth USD 370 thousand
Interested to connect with advisors
Documents
Business Overview
- Boutique senior living facility still under construction.
- No bank loans were taken for this project.
- One owner owns the entire 16 are of land and company outright.
- The founding team has been in the hospitality industry for 12 years reaching #1 status on TripAdvisor by their second year. The hotel chain established by the founders is the winner of multiple awards and is still ranked #1 in Jimbaran, Bali for ten years running and will now focus on seniors.
A website and some Facebook/Instagram ads have generated several interested parties.
Products & Services Overview
We offer an exceptional retirement experience for seniors beyond what is usually provided.
The facility will have ocean-view rooms, 5-star dining, personal assistants for every room, an infinity pool, a spa, a tennis/pickleball court, immigration assistance, and much more.
Assets Overview
Land (16 are), existing structure, fully equipped kitchen, dining tables, chairs, various common areas, and spa furnishings are all owned outright with no encumbrances.
The land, existing building, and equipment have a conservative combined value of IDR 6 billion.
Facilities Overview
We will offer six one-bedroom ocean-view rooms. Three with lofts and three standard rooms, plus staff quarters and an owner's unit.
- We will charge single individuals $3,000 per month, and couples will be charged $3,500 per month, with a $150 a month premium on the loft units.
Common areas will include all-view dining inside or poolside, an infinity pool, a gathering lounge, a day spa/salon, an office center, and a tennis/pickleball court.
The property includes 16 are of instructable ocean-view land.
Capitalization Overview
The business currently has no debt. Land and construction to date have been funded out of pocket by the owner.
Recent Activity
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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.
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