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Profitable Adventure Sports Business Investment Opportunity in North Central Province, Maldives

Seeking Investment: Reputed guest house in Maldives also offers scuba diving services at its premises.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 700 - 800 thousand
Run Rate Sales USD 720 thousand
EBITDA Margin 40 %
Industries Adventure Sports + 1 more
Locations  North Central Province
Local Time 10:22 PM Indian / Maldives
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 579 thousand for 40.0% stake (Native Currency: USD 578,966)
Reason: The proceeds from the investment will be used for: - Funding working capital requirements. - Expan... View More
Includes physical assets worth USD 980 thousand
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Business Overview

- Well-reputed guest house in the Maldives that offers a restaurant serving delicious European and Maldivian dishes along with high-quality scuba diving courses, adventures, and experiences.

- We receive about 50 to 60 bookings every month for our guest house. The accommodation has 8 rooms with a maximum occupancy of 3 people per room. We are almost always completely booked throughout the year. We fulfil bookings from our own website and other online platforms.

- We also offer scuba diving courses at a dedicated scuba diving facility on our premises. We receive about 15 to 16 bookings every day for these services. We have an in-house team of 12 people which includes speed boat captains, trainers, and boat crew who facilitate these services.

- 60 percent of the company's total revenue is generated through our scuba diving station. The remaining is contributed through our guesthouse bookings and restaurant.

- Our business also offers pre-arranged tours, custom packages according to clients’ specifications, travel consultation, and making reservations for lodging amongst other related services.

- This investment opportunity is for the entire business entity which includes the guest house, restaurant, and scuba diving station. All of them operate under one single business entity and brand name. The revenue from the three lines of operations is transferred to the registered business entity. The prospective investor will receive proportionate ownership in everything.

Products & Services Overview

We offer a broad range of services at our premises such as:

- Comfortable accommodation at our guest house.

- European and Maldivian cuisines at our restaurant.

- Scuba diving courses, dive adventures, and snorkelling.

- Spa services.

- Speed-boat ride.

Assets Overview

Physical assets include:

- Company-owned two speed boats.

- Built-up area of the guest house, scuba diving arena, and the restaurant.

- Scuba diving equipment such as diving suits, wet suits, diving masks, oxygen tanks, pressure measuring devices, fins, snorkels, underwater cameras, etc.

- Interior fittings and furniture of our guest house and restaurant.

- Cooking equipment, cutlery, and freezers in the restaurant.

- Laptops, printers, and CCTV cameras.

Facilities Overview

- Our business has leased 15,000 sq. ft. of land for running operations. The land is leased for 15 years and will extended near termination.

- The land has a built-up area of 10,000 sq. ft which is used as a guest house, restaurant and a dedicated section for scuba diving activities. The built-up area is owned by our company.

- The unused part of the land will be used to expanding our guesthouse to undertake more bookings.

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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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