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Serviced Apartment Investment Opportunity in Saint George's, Grenada

Holiday apartment business seeks funding to complete construction work, with 40% of construction already completed.
This transaction has concluded.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Serviced Apartments
Locations  Saint George's
Local Time 7:37 PM America / Grenada
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 2 million for 45.0% stake (Native Currency: USD 2,000,000)
Reason: To complete the pending construction work.
Includes physical assets worth USD 4.5 million
Business Overview

- We are constructing a holiday apartment which will have 24 rooms.

- Building is surrounded by restaurants and popular areas.

- 40% of construction is completed and remaining would be completed within 18 months once after we receive the funds.

- All approvals and permits are in place.

- All our rooms would offer free WiFi, flat-screen TV with satellite channels, free bottled water, showers, desks, and free toiletries.

- Our assets include land, license, construction materials, building.

- Promoter has more than 6 years of experience in construction field.

Products & Services Overview

Holiday apartment with 24 rooms.

Facilities Overview

Owned 32,000 sq ft land.

Capitalization Overview
Not Disclosed
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This transaction has concluded. View similar business opportunities on SMERGERS
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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