Profitable Hotel Seeking Loan in Fuvahmulah, Maldives
|Employees||50 - 100|
|Legal Entity||Private Limited Company|
|Reported Sales||USD 900 thousand|
|Run Rate Sales||USD 900 thousand|
|EBITDA Margin||40 %|
|Industries||Hotels + 1 more|
|Local Time||5:54 PM Indian / Maldives|
|Listed By||Business Owner / Director|
- Business that runs a hotel, restaurant and has tour and diving services.
- The operational hotel has 15 rooms and is overbooked during in season and has an occupancy rate of 40%-50% off-season.
- The restaurant has a seating capacity of 80 pax and is available on online delivery aggregators. It is a lake view restaurant. Receive 30-35 orders daily.
- Business is looking for funds to start a new hotel and diving facility.
- The land is already acquired for the new hotel but the design is yet to be completed. It will be a luxury hotel with 20 rooms, a swimming pool, and a sky view restaurant.
- Business only has 1 owner and is debt-free.
Business running a hotel, restaurant, cafe, diving, and tour facility. The hotel has a bar and a swimming pool.
Land measuring 13,000 sq. ft. , hotel and restaurant buildings, vehicles, bikes, vessels, kitchen equipment, furniture and fixtures, and all interior infrastructure. The business owner will provide some personal assets as collateral.
The business owns 3 properties measuring 3,400 sq. ft. 6,000 sq. ft, and 3,600 sq. ft. The restaurant, hotel, and diving operations are operated from these places.