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Resort Investment Opportunity in Marsh Harbour, The Bahamas

Business with private island property with resort and villa development approvals seeks investment.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Resorts
Locations  Marsh Harbour
Local Time 11:30 AM Europe / London
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 6 million for 48.0% stake (Native Currency: USD 6,000,000)
Reason: Enable pre-construction work and infrastructure, and construction of model house in order to commenc... View More
Includes physical assets worth USD 12 million
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Business Overview
- 5-acre private island with full approvals for clubhouse/hotel, 10 freehold/fee simple villas, and marina.
- The resort will have amenities like a gym and spa.
- EIA and EMP have been completed.
- Hotel Encouragement Act concessions granted.
- The land has been purchased and the construction is yet to start.
- The promoters have over 15 years of experience in this industry.
- The investor will get a stake in the company.
- Full feasibility report shows excellent NOI, robust market, and GDV $60 m. ,
- There is little competition, and a full governance structure is in place, with rental management program that enhances the ongoing income stream.
- The director is in London and the land is purchased in the Bahamas and will travel back and forth for work.
Products & Services Overview
Planning to develop a resort on 5 acres of a private island.
Assets Overview
Tangible- 5 acres of land.
Intangible - Town planning and HTDC (Hope Town District Council) approvals, EIA (Environmental Impact Assessment), EMP (Environmental Management Plan), all subject to BEST (Bahamas Environment, Science and Technology Commission approval, ) HEA (Hotel Encouragement Approval), which necessitated bathymetric surveys, topographical surveys, tidal range study, soil tests, public consultations, and a ministerial hearing; architectural plans and specifications including dock design, berm, groin, breakwater construction designs, commercial zoning, etc.
Facilities Overview
Own 5 acres of land located in the western Bahamas. It is in the pre-construction phase but all approvals have been completed, and have a feasibility report, etc.
Capitalization Overview
- The land was purchased through the founder's personal funds.
- The company has 2 directors with equal shareholding.
- Founders/principals own all shares and funded the land purchase and costs to date $4.5 m.
- Vendor mortgage to be redeemed $1.8 m.
- Other outstanding loans of $1.5 m.
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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