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Resort Seeking Loan in Surabaya, Indonesia

Business seeks funding to start a 3-star hotel construction project on owned 5-acre land.

Established 5-10 year(s)
Employees 50 - 100
Legal Entity C Corporation
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Resorts
Locations  Surabaya
Local Time 9:11 PM Asia / Jakarta
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 3 million for 11.0% annual interest, 10 years (Native Currency: IDR 50,000,000,000)
Reason: To start and complete the construction, interiors, purchase furniture, equipment and start operation... View More
Collateral Available: USD 3 million
Includes physical assets worth USD 600 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- Planning to construct a 3-star hotel and resort.

- Facility will have rooms, scuba diving, golf club, jogging track, water park, swimming pool, spa.

- Plan has been finalized to construct 90 standard rooms and 12 suite rooms.

- Resort would accommodate 500 guests comfortably.

- Have purchased 5-acre land and obtained required permission from the Govt. bodies.

- Will also build residencies surrounding the resort at a later stages.

- Business owns land and construction permissions.

Products & Services Overview

Resort and hotel with 3-star rooms, scuba diving, golf club, jogging track, water park, swimming pool, spa.

Facilities Overview

Total land area is around 5 hectares. We will construct 90 rooms with 3-star hotel amenities. Land is owned.

Capitalization Overview
Not Disclosed
Recent Activity
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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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