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Tour Operator Seeking Loan in Male, Maldives

Tour operator provides fishing trips in the Maldives, seeks funds to upgrade newly purchased vessel.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales INR 2.23 lakh
Run Rate Sales Nil
EBITDA Margin Nil
Industries Tour Operators
Locations  Male
Local Time 1:46 PM Indian / Maldives
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
INR 56 lakh for 12.0% annual interest, 3 years (Native Currency: MVR 1,000,000)
Reason: Need funds for installing outboard engines and for purchasing other fishing equipment, and for worki... View More
Collateral Available: INR 0
Includes physical assets worth INR 28 lakh
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- Tour operator provides all-day and weekly fishing trips in the Maldives.
- We provide 1-day to 1-week long fishing trips and have tied-up with local resorts and guest houses to provide complete packages to the tourists.
- Company used to operate with a rented vessel and received about 10-20 clients per month before the pandemic.
- Our packages range from USD 600 to USD 1,200 per tourist.
- We get our bookings from Facebook, Instagram, and the FishingBooker platform.
- Our operations were closed temporarily due to the pandemic and we are now looking to restart operations.
- We have purchase our own vessel and need funds to install outboard engines and for other fishing equipment.
- Promoter has over 10 years of experience.
Products & Services Overview
Sports fishing, sunset fishing, snorkeling, dolphin cruises.
Assets Overview
Offshore 32cc fishing vessel.
Facilities Overview
1 fishing vessel, we need financing to install the outboard motors.
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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