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Newly Established Travel & Leisure Company Seeking Loan in Mount Dora, USA

Seeking funds to acquire a bed & breakfast.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Travel & Leisure
Locations  Mount Dora
Local Time 11:53 PM America / Nipigon
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 2 million for 7.0% annual interest, 3 years (Native Currency: USD 2,000,000)
Reason: Seeking a private investors or lender to provide $2,000,000 USD at 7% annual interest over 3-year te... View More
Collateral Available: USD 1 million
Includes physical assets worth USD 1.2 million
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Business Overview
This business hasn't been managed well for 5 years, but it has received a dozen or more travel awards, and we are mostly interested in buying the property to reimagine.
Products & Services Overview
Luxury room nights with breakfast & exceptional guest service.
Assets Overview
The property is turn key but needs to be redecorated and upgraded.
Facilities Overview
5,000 sf structure with 6 suites under original roof and 1 suite in carriage house with potential for expansion to add 1 more room.
Capitalization Overview
There is an $800k mortgage currently on it.
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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