Resort Seeking Loan in Male, Maldives
Seeking funds to develop a 5,000 sq ft guest house with 22 rooms.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Resorts |
| Locations | Male |
| Local Time | 12:31 PM Indian / Maldives |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
450 thousand
for
10.5%
annual interest,
3
years
(Native Currency: MVR 7,000,000)
Reason: Require funds for developing our guest-house.
Collateral Available: USD 0
Includes physical assets worth
USD
970 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Illustrative Image 1
(85.8 KB)
Illustrative Image 2
(79.8 KB)
Illustrative Image 3
(91.9 KB)
Illustrative Image 4
(77.1 KB)
Illustrative Image 5
(106.1 KB)
Business Overview
- Ongoing project: acquired land, seeking funds for guest-house development.
- Land: own 5,000 sqft parcel secured for construction.
- Guest house: plans drawn, construction permit obtained for a 22-key guest house.
- Permits & licenses: all necessary construction permits and business licenses are in place.
- Promoters' experience: collective 45 years of experience among promoters.
- Construction timeline: maximum completion time set at 12 months, targeting 7 months.
- Expansion potential: option to expand room capacity, albeit with increased investment.
- Facility details: 22-key, 3-story building with terrace, reception, office, swimming pool, shop, coffee shop, restaurant, and kitchen.
- Land: own 5,000 sqft parcel secured for construction.
- Guest house: plans drawn, construction permit obtained for a 22-key guest house.
- Permits & licenses: all necessary construction permits and business licenses are in place.
- Promoters' experience: collective 45 years of experience among promoters.
- Construction timeline: maximum completion time set at 12 months, targeting 7 months.
- Expansion potential: option to expand room capacity, albeit with increased investment.
- Facility details: 22-key, 3-story building with terrace, reception, office, swimming pool, shop, coffee shop, restaurant, and kitchen.
Products & Services Overview
A 5,000 sq ft guest house with 22 rooms in Male, Maldives.
Assets Overview
Land with a sq ft area of 5,000. It is an illiquid asset.
Facilities Overview
- 5,000 sq ft land in South Ari Atoll, Male.- It belongs to the company.
Capitalization Overview
- 6 shareholders with the majority owner holding 50%- No debts are associated with the company.
- All funding till now has been done by the company.
Recent Activity
-
Earlier than 15 daysBusiness Consultant & Advisor, Trading, Jakarta, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysAssociate, Financial Services, Pune, Individual Investor / Buyer connected with the Business
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