Profitable Hotel Seeking Loan in Virginia Beach, USA
Real estate development company building innovative, and energy efficient single family, multifamily, and commercial spaces.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 150 thousand |
| Run Rate Sales | USD 216 thousand |
| EBITDA Margin | 40 % |
| Industries | Hotels + 1 more |
| Locations | Virginia Beach |
| Local Time | 3:24 AM America / Chicago |
| Listed By | Management Member |
| Status | Moderately Active |
Seeking Loan
USD
750 thousand
for
5.6%
annual interest,
15
years
(Native Currency: USD 750,000)
Reason: Start, build, and complete a turnkey 24 key upscale boutique hotel, 4 retail leases, a restaurant le...
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Collateral Available: USD 450 thousand
Includes physical assets worth
USD
200 thousand
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Business Overview
1. Real estate development company specializing in building and remodeling single family, multifamily, and commercial spaces.
2. Currently operating in Virginia and Louisiana region with 3 employees. We hire additional staff based on demand.
3. Over 9 years of business operation, resulting in a portfolio of over $2M.
4. Serving first-time homeowners, traveling contractors, and leisure travel tourists.
5. Utilizing online systems to market and promote available spaces for lease or sale.
6. We have repeat clients requesting builds due to our quality and design in certain markets.
7. Established relationships with the Mayor in each city.
8. Mentorship under the CEO and founder of hotels and one of Florida's major construction companies building hotels and resorts.
2. Currently operating in Virginia and Louisiana region with 3 employees. We hire additional staff based on demand.
3. Over 9 years of business operation, resulting in a portfolio of over $2M.
4. Serving first-time homeowners, traveling contractors, and leisure travel tourists.
5. Utilizing online systems to market and promote available spaces for lease or sale.
6. We have repeat clients requesting builds due to our quality and design in certain markets.
7. Established relationships with the Mayor in each city.
8. Mentorship under the CEO and founder of hotels and one of Florida's major construction companies building hotels and resorts.
Products & Services Overview
Building and remodeling homes and commercial spaces.Our market: 1st-time homeowners, traveling contractors, and leisure travel tourists. We have online systems to market and promote the space as it becomes available for lease or sale.
Assets Overview
Asset include a property with 10 homes, 1 multifamily space, and 1 hospitality space.Other assets include company trademark and goodwill.
Facilities Overview
Owned 15,000 sqft building with 24 keys, 3 floors. Bottom floor is leased.Located in a middle working-class area.
Capitalization Overview
The business is 100% owned with no debts. The company is funded by monthly lease agreements. Through the lease agreement income, additional properties are bought, renovated, leased/sold to increase capital.
Recent Activity
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Earlier than 15 daysCEO, Atlanta, Financial Consultant connected with the Business
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Earlier than 15 daysManagement, Financials, New York, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Memphis, Business Broker connected with the Business
Tags:
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