Resort Investment Opportunity in Marsh Harbour, The Bahamas
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 | 2:13 AM Europe / London |
Listed By | Business Owner / Director |
Status | Active |
- 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.
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.
- 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.
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Earlier than 15 daysAttorney, Ohio City, Law Firm connected with the Business
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Earlier than 15 daysSpecialist Advisor, Investment Banking, London, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysBusiness Consultant, Technology & Capital Solutions, Hyderabad, Corporate Investor / Buyer connected with the Business